Eng is 54 years old. He is a widower and resides with four children in Kampong Speu Province, Cambodia. Three of his children are employed as construction workers and a garment worker. They earn about $12 per day.
Eng has been running a motor taxi service for more than ten years, earning approximately $6 daily. Because the present motorbike is old, he is requesting a loan of $600 to purchase a motorbike. This purchase will help him attract more customers and earn more income for the family. In the future, he would like to build a new house if 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.