Ben S., 50, is requesting a loan of USD 1000 to purchase wood to produce wooden doors and windows to sell. In the future, she would like to use any additional profit to repair her house.
S. and her husband sell wooden doors and windows, earning an income of USD 2 each per day. S. is married and resides with her husband and two children in Prey Veng Province, Cambodia, an area known for being well-supplied with fresh water from major rivers. The family has to spend USD 40 on food, USD 3 on electricity supply, and USD 23 on other necessary expenses every month. 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.