Pich T., 35, is married and resides with his wife and three children in Takeo Province, Cambodia, an area known for pre-Angkorean temples. T. is a motor-taxi driver and earns an income of $3 per day. His wife produces hummocks (spelled "hammocks" in English), earning an income of about $1 per day. T. is requesting a loan of $1,000 to purchase a trailer to attach to the motorbike. In the future, he would like to use any additional profit to repair his house. This is his second loan from CREDIT, a long-standing Kiva partner in Cambodia. T.'s wife appears in the photograph.
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.