Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner Description:

Since their transition to a professional MFI in 2004, KREDIT has been able to scale their operations and outreach while continuing to contribute to client and community development. They maintain a real commitment to developing the rural economy. In 2010, KREDIT received a Micro Deposit Taking Institution (MDI) license from National Bank of Cambodia (NBC) allowing them to offer a savings service to their clients.  

KREDIT remain committed to their social values. Over and above the variety of financial services (e.g. loans, savings/deposits, local money transfer, currency exchange etc.) they offer to clients, many of whom are from low income households, KREDIT also set aside 5-10% of their annual profits into a community development fund which is used to finance social projects and initiatives in the communities they serve. 

KREDIT also deliver a number of non-financial services to clients. This includes training on financial literacy, practical agriculture, parenting and other training needs as identified by the communities. Training is provided either by KREDIT's own internal team or by partners for more specialist topics. KREDIT has fully endorsed the SMART campaign for client protection principles (CPP), and is working on enhancing Social Performance Management (SPM) so they can measure their impact. They are members of a number of local and international associations/groups allowing them to learn and share experience.

KREDIT’s current shareholders include: Phillip MFI Pte Ltd, an arm of PhillipCapital Group which is an integrated Asian financial house with a global presence, and World Relief Corporation, an International NGO who empower and assist millions of people annually.


KREDIT has received numerous awards/recognition, from national and international organizations, for their work. These include.

• STAR Award from Mix Market
• “Most Innovative Non-Profit / Social Enterprise” from Singapore Venture Capital and Private Equity Association (SVCA)
• Seal of Pricing Transparency from MFTransparency
• Financial Transparency Award from CGAP in 2005 and 2006

KREDIT, supporting growth of the local economy in Cambodia!

Name Change

KREDIT Microfinance Institution Plc., was formally known as KREDIT Ltd. They changed their name to comply with a request from the National Bank of Cambodia to standardize on naming conventions for MF organizations.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva May 3, 2006 Oct 12, 2005
Total Loans $16,223,400 $1,341,238,825
Amount of raised Inactive loans $1,875 $1,089,525
Number of raised Inactive loans 2 1,363
Amount of Paying Back Loans $1,341,825 $147,099,100
Number of Paying Back Loans 997 194,261
Amount of Ended Loans $14,879,700 $1,193,050,200
Number of Ended Loans 15,869 1,537,303
Delinquency Rate 1.52% 11.01%
Amount in Arrears $13,706 $10,136,170
Outstanding Portfolio $785,483 $92,082,131
Number of Loans Delinquent 81 58,358
Default Rate 0.27% 1.74%
Amount of Ended Loans Defaulted $40,798 $20,745,122
Number of Ended Loans Defaulted 77 50,803
Currency Exchange Loss Rate 0.00% 0.39%
Amount of Currency Exchange Loss $0 $5,195,382
Refund Rate 0.47% 0.59%
Amount of Refunded Loans $75,700 $7,901,425
Number of Refunded Loans 96 7,805

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 89.18% 76.42%
Average Loan Size $655 $394
Average Individual Loan Size $865 $609
Average Group Loan Size $1,273 $1,762
Average number of borrowers per group 3 7.7
Average GDP per capita (PPP) in local country $2,600 $5,773
Average Loan Size / GDP per capita (PPP) 25.19% 6.82%
Average Time to Fund a Loan 5.49 days 7.13 days
Average Dollars Raised Per Day Per Loan $119.34 $55.26
  Average Loan Term 16.41 months 11.35 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 5,633 796,191
  Journaling Rate 33.33% 43.16%
  Average Number of Comments Per Journal 0.08 0.03
  Average Number of Recommendations Per Journal 3.74 0.80

Borrowing Cost Comparison (based on 2016 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 23% PY 30.00% PY 25.13% PY
  Profitability (return on assets) 2.05% 4.6% -1.40%
  Average Loan Size (% of per capita income) 93.60% 184.00% 12.92%

Country Fast Facts

Field Partner Staff

Joshua Benadum
mach Chan
socheata Chao
Santiago Cortes
Sothea Dith
Team Editing
Soung Engchhay
Anjali Fleury
Alexander Groeneveld
Vanhom Hay
Vibol HIM
Thyda HOT
Sopheap Khiev
Sambo Lim
Da Lin
Chanvannak Long
Marjorie Marasigan
Vichet Ouch
Chhayna Phan
Yort PO
Riphin San
Mark Schmeissing
Isadora Tang
Sokly Thav
Ek Thida
Sambath Thida
David Weber
Jeff Zira