Cheng L., 40, is married and lives with his wife in Battambang province, Cambodia. Since 2000, he has been operating a motor-taxi to earn a living and is able to make a daily profit of about US$4. His wife, Chorn Mom, 30, pictured here, has a business selling sugar cane juice in a busy market nearby their house. The couple has two young children. Mrs. Chorn Mom would like to take out a loan to purchase a motorbike that she could attach to the sugar cane cart.
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.