Chum P., 20, is married and lives with her husband in Takeo Province, Cambodia, an area known for pre-Angkorean temples. P.'s husband appears in the photograph because P. was not available.
P. is a hairdresser, earning an income of USD 5 per day and her husband is an electronics repairman, also earning an income of USD 5 per day to help cover the family expenses. Every month the family has to spend USD 50 on food, USD 5 on their electricity supply, and USD 10 on public transportation.
P. is requesting a loan of USD 1,000 to purchase more hairdressing supplements to operate her business more efficiently. In the future, she would like to use any additional profit to repair her house. This is her first 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.