Dy, 38, is married and resides with his wife and four children in Prey Veng Province, Cambodia. He is a motor mechanic. His wife is a groceries vendor. Selling groceries is the main source of income in his family. Therefore, Dy is requesting a loan to purchase more groceries to sell to generate more profit to support the family. In the future, he would like to purchase more mechanical equipment to expand his mechanical work. Moreover, he plans to renovate his house and send his children to a good school.
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.