Kley is 21 years old. He is single and resides with his mother in Siem Reap Province, Cambodia. He is a tailor who earns about $8 per day. His mother makes creel to sell. She earns about $3 per day. In order to improve his business, Kley is requesting a loan of $400 to purchase a sewing machine to use in his shop. This money will help him expand his business and earn more income to support the family. In the future, he would like to expand his shop and build a new house as soon as possible.
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.