Nam L., 43, resides in Siem Reap province, Cambodia, an area known as one of Angkorean Temples. L. is employed as guard to look after the temples, earning an income of USD 1 per day. Her husband is a gardener, earning an income of USD 4.5 per day to help cover the famiL. expenses. Each month, the famiL. has to spend USD 41 on food and USD 10 on the other necessary expenses. L. is requesting a loan of USD 1000 to purchase a new motorbike for the children to commute to work. This will be her 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.