Tourn H., 49, is married and resides with his wife and a child in Seim Reap Province, Cambodia, an area known for Angkorean Temples. H. is a motor-taxi driver, earning an income of USD 7.5 per day. His wife sells fish and vegetables for an income of USD 12 per day. H. is requesting a loan of USD 1200 to purchase a new motorbike to attach to a tuk tuk to improve his transportation business. In the future, he would like to use any additional profit to repair his house. This is his first loan from CREDIT, a long-standing Kiva partner in Cambodia.
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.