Chhoeurm is 59 years old. He is married and resides with three children in Siem Reap Province, Cambodia. He has been cultivating rice and fattening up animals for more than ten years, earning approximately $2 per day. His wife helps him run the business. One of his children is a gardener who makes an income of $3 each day.
Choeurm asks for a loan of $500 to purchase a motorbike for commuting. This purchase will help him reduce his transportation expenses. In the future, he would like to expand his farming business and help his children gain a higher education.
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.