Because his current motorbike is old, Narong is requesting a loan of $600 to purchase a new motorbike to run his taxi service. This purchase would enable him to attract more customers and earn more income to support the family. In the future, Narong would like to expand his business and help his children earn their Bachelor’s degrees. Moreover, he hopes to rebuild his house to make it more comfortable 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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