Chourn Sokhy, 26, is married and resides with his wife in Takeo Province, Cambodia, an area known for pre-Angkorean temples. He sells mobile phones for an income of about $3 per day. His wife provides hairdressing and clothing services for wedding parties, earning an income of $3 per day to help cover the family expenses.
Sokhy is requesting a loan of $1,200 to purchase more mobile phones for resale. In the future, he would like to use any additional profit to expand his business. This is his first loan from CREDIT, a long-standing Kiva partner in Cambodia.
KREDIT Ltd. 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.