Ngourn C. T. lives with his wife in Phnom Penh City, Cambodia. He has a business as a phone seller and repairman, earning an income of USD 18 per day. His wife helps with the business which they have had since 2008 and which has improved their standard of living. T. is requesting a loan of $1,000 to buy a computer and phone repair equipment to expand his business. This is his first loan from CREDIT, in partnership with Kiva.
KREDIT 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.