Sou S., 41, is married and resides with her husband and four children in Kampong Chnang Province, Cambodia, an area known for its palm products. She is a tailor and earns an income of USD 2.7 per day. Her husband is a motorbike repairman, and he sprays color to old motorbikes, earning an income of USD 15 per day.
Sophea is requesting a loan of USD 500 to purchase motorbike paints in order to expand her husband’s business. In the future, she would like to use any additional profit to help pay for her children’s studies. This is her third 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.