Touch T. is 36 years old and lives with his wife in the Bati district, Takeo province. He is a dealer who purchases and sells motorbikes in the village. He earns approximately US$20 in revenue every day. His wife makes US$2.5 of profit a day by selling roasted beef and cow stomachs. This couple has three young children and one is in school. Mr. Touch T. is asking for a loan to purchase motorbikes for resale.
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.