Bunchan, 29 year old, is state teacher in one of the primary schools in his village with $4 per day for his income. He lives with one younger sister.
Every month, he has to spend $40 on food, $5 on electricity and $10 for other expenses.
He would like to request a loan of $700 to purchase a motorbike for traveling to teach in the school and for his extra class that he is taking to get more knowledge to apply in his career.
In the future, he plans to support his sister to study until she is able to be a teacher like him.
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.