Ben K., 29, is married and resides in Takeo province, Cambodia, an area known for Pre-angkorean temples. K. buys chickens to resell, earning an income of about USD 7 per day. His wife sells bamboo at home, earning an income of USD 7 per day. Each month, the family has to spend USD 50 on food and USD 60 on the other necessary expenses. K. is requesting a loan of USD 1,000 to purchase supplies to run a cafe. This will be his first loan from CREDIT, a long-standing Kiva partner.
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.