Nim is 32 years old. He is married and resides with his wife in the province of Kampong Chhnang in Cambodia. He is a security guard who makes an income of $8 a day. His wife is a garment worker who earns about $5 each day.
Due to the difficulty in the family’s transportation, Nim requests a loan of $1,200 to purchase a motorbike for commuting. This purchase will help him reduce his transportation expenses. In the future, he would like to generate more income for his family.
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.