Chorn S. lives with his five children in Phnom Penh City, Cambodia. He is a construction foreman who works all over the city, earning an income of $8 per day to help cover family expenses. He has been in this business since 1983 which has improved his standard of living. S. is requesting a loan of $1,000 to buy construction equipment. This is his first loan from CREDIT, partnered 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.