Chanhun, 24, resides in Kampong Chnang province, Cambodia, an area known for its palm products. Chanhun provides a motorbike washing service, earning an income of $8.33 USD per day to help cover the family expenses. Each month, the family has to spend $50 USD on food and $25 USD on other necessary expenses. Chansun is requesting a loan of $600 USD to purchase more equipment to expand his motorbike washing business. This will be his first loan from CREDIT, a longstanding Kiva partner. Chanhun (in a grey shirt) appears in the photograph with his brother.
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.