Seng P., 50, is married and resides with his wife and five children in Takeo Province, Cambodia, an area known for pre-Angkorian temples. He works as a construction worker for an income of about USD 2 per day. His wife is a farmer, growing rice in her village, earning an income of USD 1 per day. P. is requesting a loan of USD 900 to purchase a motorbike to commute to work. In the future, he would like to use any additional profit to fix his house. This is his first loan from CREDIT, a long-standing Kiva partner in Cambodia. P.'s wife is pictured because P. is not available.
KREDIT Microfinance Institution Plc., 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.