Phal S., 34, is married and lives with her two children and husband in Battambong province, Cambodia. She opened a beauty salon shop and sometimes she is hired to arrange clothes for grooms and brides for their weddings. On average, she makes US$3 each day. Her husband is a motor-taxi driver and he is able to make US$2.50 a day.
Phal S. would like to take out a loan of US$500 to purchase more decorative materials.
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.