Samol, 48, is married and resides in Kampong Chnang Province. She produces and buys traditional baskets to sell, and her husband is an electrician. Samol is requesting a loan of US $1000 to purchase more baskets from local producers to resell. In the future, Samol would like to use her additional income to repair her house. This will be her first loan from KREDIT, a longstanding 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.