Mr. Ing C. is 48 years old and lives with his wife and six children in Batambong province, Cambodia. To support his family, Mr. Ing C. works near a market as a motor-taxi driver and can usually earn around US$4 a day in revenue. His wife stays at home cooking food and looking after her four school-aged children. His other two children work - one at a garment factory, and the other - as a motor-taxi driver like his father. Mr. Ing C. is asking for a loan of US$800 to purchase a new motorcycle for his son to operate as a motor-taxi, thereby providing additional income for the family.
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.