La is 51 years old. He is married and resides with five children in Kampong Speu Province, Cambodia. He is a construction worker who makes an income of $4 per day. Three of his children are employed. They earn about $14 daily. In order to improve his family’s transportation, La is requesting a loan of $1200 to purchase a motorbike for commuting. This purchase will help his children go to work on time and save money on transportation expenses. In the future, he would like to fix his house and help his children earn a higher education.
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.