Ry is 47 years old. She is married and blessed with three children in Siem Reap Province, Cambodia. She is a chef who earns about $3 per day. Her husband is a jewelry seller who earns about $7 per day. In order to improve her family’s finances, Ry is requesting a loan of $1000 to purchase more jewelry for her husband to resell. By doing so, he would earn more profit to support the family.
In the future, Ry would like to expand the business and send her children to a good school. Moreover, she hopes to build a new house as soon as possible.
KREDIT Ltd. 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.