Sreyee, 23 years old, is a tailor. She is living with her parent, and her income is $6 per day. Her parent is responsible for every expenses in the family; she only supports them with $50 per month.
She would like to request a loan of $700 to buy fabric for making clothes to sell. This loan will help her be able to buy fabric and a sewing machine so that she can do her career well. In the future, she expects to have a tailoring shop by herself, so that she can support her parent well.
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.