Chan Hon, 25, is married and resides with his wife in Kampong Chhnang Province, Cambodia. He has been running a motorbike washing shop and selling water for over two years, earning approximately 12 USD per day. His wife is a garment worker who earns about 3 USD per day. In order to improve his business, Chan Hon is requesting a loan of 1000 USD to purchase a small tanker to carry water to sell. This purchase will help him provide faster water supply to his customers and earn more profit. In the future, he would like to expand his business and rebuild his present house to make it more comfortable for his family’s living.
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.