Sreyem is 21 years old and married. She lives in Kampong Chnang Province, Cambodia, an area known for quality palm products. Sreyem and her husband sell wooden furniture.
Sreyem is requesting her first loan from KREDIT for $1,200, which she will use to purchase more wood to produce wooden furniture to sell. With the loan, her family is able to generate more income. In the future, she would like to use any additional income to repair her house.
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.