Kuy B., 39, is requesting a loan of USD 800 to purchase a motorbike for the family's use. In the future, he would like to use any additional profits to repair his house. B. is a motor-taxi driver, earning an income of USD 8 per day. B. is married and lives with his wife and four children in Kandal Province, Cambodia, an area known for its garment factory industry. The family has to spend USD 70 on food, USD 10 on electricity, and USD 40 on other necessary expenses every month. This is his first loan from CREDIT, a long-standing Kiva partner in Cambodia.
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.