Tuy T. is 26 years old and lives in Phnom Penh with her husband and their 2 young children. Tuy T. rents a home and earns $2/day, while her husband rents cars and earns $17/day. Tuy T. will use this loan so that her family can own another car to rent out. As her husband's business continues to grow, their family would like to keep purchasing cars for rental and eventual sale. T. is confident that she will be able to send her children to university, and she hopes one day they can build a brand new home.
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.