P. and his family members try to work hard and help each other to ensure a good standard of living for the family. And they are seeking to improve their businesses as well as to cope with their daily necessary expenses. Therefore, P. is requesting a loan of US$ 800 from CREDIT, Kiva’s partner. He wants to use the expected loan to buy more morning glory seeds to produce more output. This is his first loan from CREDIT.
About KREDITKREDIT 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.
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Success!! The loan was 100% repaid