Way is 19 years old. He is single and resides with his mother in Siem Reap Province, Cambodia. He has been making drums to sell for more than four years, earning approximately $8 per day.
Way is requesting a loan of $500 to purchase wood to make more drums to sell. By doing so, he will produce more drums to sell and earn more income to financially support the family.
In the future, he would like to purchase a generator and a lathe to use in his business 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.