Mok P. is 32 years old and lives with her mother and sister in Phnom Penh, Cambodia. She works as a tailor and can make about $7.00 per day in revenue. As she is a single woman, she struggles to support the family. P. would like to use this loan to purchase sewing machines and also to buy clothes in order to expand her business and increase her income. In the future, P. would like to open a grocery store in her village because she feels that grocery is a more lucrative business than tailoring.
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.