Men S., 30, is married and resides with her husband and two children in Takeo Province, Cambodia, an area known for pre-angkorean Temples. S. is a farmer, earning an income of USD 1 per day. Her husband is employed as a garment factory worker, earning an income of about USD 5 per day. The family has to spend USD 50 on food, USD 5 on electricity, and USD 25 on other necessary expenses every month. S. is requesting a loan of USD 1,200 to purchase a new motorbike for her husband to commute to work. In the future, she would like to use any additional profit to repair her house. 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.