Davy, 34, resides in Prey Veng Province, Cambodia, one of the largest rice-producing regions in Cambodia. Davy is a housewife, while her husband is a motorbike repairman earning an income of USD 12 per day to help cover the family expenses. Each month, the family has to spend USD 70 on food and USD 25 on the other necessary expenses. Davy is requesting a loan of USD 1200 to purchase motorbike spare parts to expand her husband’s business. This will be her first 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.