Chanda, 22 years old, is married and resides with her child in Takeo Province, Cambodia. She is employed at a local garment factory, earning $3 per day that helps cover her family's expenses. Her husband, a construction worker, also helps support the family with an income of $3.50 per day. The family's standard of living has improved since Chanda and her husband have commenced their work.
Chanda requests a loan of $1000 to purchase a motorbike, which will help her husband operate his business more efficiently. This is her second loan from Kiva partner CREDIT.
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.