Rithy is 33 years old. He is a widower and is blessed with one child in Kampong Chhnang Province, Cambodia. He is an arc welder who earns approximately $6 per day.
In order to improve his living’s finances, Rithy is requesting a loan of $500 to purchase more steel to use in his business. This money will help him expand his business and earn more income for his living. In the future, he would like to expand his business and send his child to a good school.
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.