Chanthan is a married woman with two children. She is 47 years old and she is a seller. Her husband is a palm climber. Both of them can earn $40 per day. One of her children is a laborer who can make $4 per day.
Since she has to pay large expenses on transport, she would like to apply for a loan of $1,000 to buy a motorbike for her husband, so he can transport for her small business every day. In the future, Chanthan hopes to not only enhance her business but also renovate her house by building a bathroom and toilet.
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.