Chham T., 39, is married and lives with his wife and four children in Takeo Province, Cambodia, an area known for ancient temples. He works at a private company, where he makes about $6 a day. His wife is a farmer, and earns about $1 a day. Each month, the family spends about $50 on food and $85 on other necessities. He is applying for a loan for $1,200 to buy a new motorbike for his family to use. In the future, he would like to earn enough money to improve and repair his family's home. This is his second loan from CREDIT, a longstanding Kiva partner.
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.