Chanthol is a married woman with three children. Her husband is a motor-taxi driver and she is a factory laborer. Both of them can make $7 per day.
In order to build up her family’s standard of living, Chanthol would like to access a loan of $1,000 USD to buy a TukTuk (motor cycle) for her husband to run public transportation and make more income. Furthermore, she would like to run a small business, build a wooden house, and give her kids a higher education in the future.
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.