For over six years Chhart has been buying junk materials to sell, earning approximately 7 USD per day. As his present motorbike is broken, Chhart is requesting a loan of 200 USD from KREDIT to pay to repair it. Once repaired, his motorbike would enable him to deliver and sell a greater quantity of junk materials faster.
Chhart’s ambition is to run a small junk shop and help his children get bachelor’s degrees. He would also like to build a new house so as to provide comfortable living conditions for his family.
About KREDITKREDIT 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.
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