Seyha is 26 years old and is a motorbike repairman. Seyha has one two-year old son with his wife, who sells pigs to make a living. The couple's combined income is $10 per day. Every month, Seyha spends $70 on food, $9 on electricity and $10 on other expenses. He would like to request a loan of $1,000 to buy motorbike parts. Seyha started working as a motorbike repairman after he got married and he only had a small amount of money to start the business. Now that his career is going well, he would like to expand his business.
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.