Ben C., 27, is married and resides with her husband and three children in Siem Reap Province, Cambodia, an area known for its temples. C. is a tailor, earning an income of about five U.S. dollars per day. Her husband is taxi driver, also earning an income of about 5 U.S. dollars per day, and together their earnings cover family expenses.
Every month, C. has to spend U.S. $60 on food, U.S. $15 on electricity and water supplies, and U.S. $15 on other necessary expenses. C. is requesting a loan of U.S . $1,000 to purchase more fabric for tailoring. In the future, she would like to use any additional profit from her business 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.