Thou S., age 38, has a business with her husband collecting recyclable items and reselling them to the recycling plant. They earn around $6.20 each day. This couple has four children, two of whom are students. Since they know they can take out a loan from Credit which has a low interest and long term repayment, they would like a loan to purchase a motorbike to transfer the recyclable items.
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.