Mrs. Svay V., 55, lives in Beoung Kok, Phnom Penh, Cambodia. She is a widow and has a daughter who is enrolled in high school. Svay V. has been running a business since 2006, selling mosquito nets, blankets, mats, and other household items, earning approximately US$10 a day. She is now asking for a loan to be able to purchase more supplies to expand her store inventory.
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.