Sichan, aged 36, is a motorcycle taxi driver with income of $7 per day. He lives with his parents and is not yet married. He is in charge of supporting his family because his brothers and sisters did not stay with his parents; they married and stay with their own families. He responds by paying all expenses of approximately $85 per month. He would like to request a loan of $400 to buy a new motorbike for his taxi service; his current motorbike is very old and needs a lot of repairs.
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.