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Sophal
Sophal, 38, is married and resides with her husband and four children in Kampong Chnang Province, Cambodia, an area known for quality palm products. Sophal is employed at a garment factory and also produces traditional baskets to sell. This couple works so hard every day for income to help cover the family expenses. Sophal is requesting a loan of USD 1,200 to purchase cows and baskets to resell. By doing so, her family is able to generate more income. In the future, she would like to use any additional income to repair her house. This will be her first loan from KREDIT, a longstanding Kiva partner.

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
  • 214
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Sophal to buy cows and baskets to resell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2011
Listed
Nov 21, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012