Chet is 22 years old. He is a factory laborer and he earns around $6 per day. Now, he would like to apply for loan of $1,000 to purchase a cow to breed and to resell its offspring. This loan helps him make more income as well as get a better life. In the future, he hopes that he can purchase more and more cows to breed and his house can be renovated.
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.