Bo, age 47, is married and lives with her children in Siem Reap Province, Cambodia. She makes a living as a tailor, earning an income of $1.50 per day to help cover her family's expenses. Her husband is a farmer and earns about $3 per day. Their family's standard of living has improved since Bo and her husband opened their businesses. She is applying for a loan of $700 to buy a tuk-tuk (or motorized vehicle) for her husband to use to transport tourists to nearby temples. This is her first loan from CREDIT, a 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.