Sao S., 51, resides in Kampong Chnang province, Cambodia, an area known for palm products. S. and her husband produce traditional baskets, earning an income of about USD 4 each per day. Each month, the family has to spend USD 83 on food and USD 40 on other necessary expenses. S. is requesting a loan of USD 800 to purchase more materials to produce baskets. This will be her second loan from CREDIT, a long-standing Kiva partner.
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.