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Sorm
Sorm S., 55, sells clothes and shoes in the local market of Kampong Chhnang province. She is a widow with four children. Two of her children are in school and two are employed. She typically makes about US$6 each day, and would like a loan to expand her business. In order to increase her profits, she is asking for US$400 to purchase more clothes and shoes to sell in the market.

Additional Information

About KREDIT

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.

About Cambodia

  • $2,600
    Average annual income
  • 101
    View loans »
    Cambodia Loans Fundraising
  • $35,504,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Sorm to purchase clothes and shoes for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2010
Listed
May 26, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2010