Pring is a farmer who works with his wife. Together, their income is 3 USD per day. He has three children who all work in a factory and each earns 3 USD daily. Every month, Pring spends 50 USD on food, 5 USD on electricity, 10 USD on rent, 20 USD on transportation, and 20 USD on other expenses.
Pring is requesting a 900 USD loan to purchase a motorbike to help his children travel to work. In the future, he wants to raise chickens to sell to earn additional income and support his family.
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.