Samrith P., 42, is married and resides with her husband and three children in Kampong Chnang Province, Cambodia, an area known for clay and ceramic products. She sells groceries for a gross income of about USD 20 per day, while her husband sells ice, earning a gross income of USD 26 per day to help cover the family expenses. Samrith is now requesting a loan of USD 1000 to purchase more groceries to stock the store, and in the future she would like to use any additional profit to expand her business. This is her second loan from CREDIT, a long-standing Kiva partner in Cambodia.
KREDIT Microfinance Institution Plc., is one of Kiva’s most established partners in Southeast Asia. The organization empowers the economically-active poor and small entrepreneurs by providing inclusive financial services. Beyond loans, KREDIT offers low-income clients complementary training in debt management, savings and budgeting. In addition, KREDIT partners with NGOs to offer training in primary health care, agricultural techniques and HIV/AIDS awareness.
For more information on KREDIT, please visit its partner page. If you would like to engage more with KREDIT and its borrowers, you can also join its lending team, KREDIT MFI Cambodia.