Vichear is 19 years old. He is single and resides with his parents in Banteay Mean Chey Province, Cambodia. He is a construction worker who earns about $5 per day. Due to the difficulty in his family’s transportation, Vichear is requesting a loan of $550 to purchase a motorbike to use to commute to work. This purchase will help him get to work on time. In the future, he would like to be a construction foreman and build a new house as soon as possible.
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.