Tin T. is married and resides with his wife in Siem Reap province, Cambodia, an area known for Angkorean temples. T. is a construction foreman, earning an income of USD 6 per day. Each month, the family has to spend USD 83 on food and USD 50 on the other necessary expenses.
T. is requesting a loan of USD 1000 to purchase cows in order to transport firewood to sell. In the future, he would like to use the additional income to repair his house. This will be his first loan from CREDIT, a long standing 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.