Sokly, age 33, is married and resides with her children in Takeo Province, Cambodia. She has two children. She is engaged in a business as a farmer, earning an income of $1.60 per day to help cover the family expenses. The family is also assisted by her husband, who is a construction worker who earns an income of $2.80 per day. Their standard of living has been improved since Sokly and her husband have had these businesses. Sokly is requesting a loan of $1,200 to purchase a motorbike for her children to commute to work. This is her first loan from CREDIT, a partner of Kiva.
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.