Chhun S., 22, is married, with one young child living at home. They live in the Takeo province. Chhun is a professional tailor and also has a small grocery store, typically making US$3 each day. Her husband is a goldsmith. Her husband, Ly Sokphalla, typically makes about US$4 each day. Chhun S. would like a loan of US$1200 to invest in a new business. She will purchase clothes from wholesalers and resell them at her local market.
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.