Loah L., 32, sells sugar cane juice, earning an income of USD 2 per day. L. is married and resides with her husband and four children in Siem Reap Province, Cambodia, an area known for Angkor Wat Temple. The family has to spend USD 66 on food, USD 2 on electricity supply, and USD 15 on other necessary expenses every month. Her husband is a construction foreman, earning an income of USD 8 per day. L. is requesting a loan of USD 1,200 to purchase more supplies to improve her husband’s business. 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.