Sophors is 36 years old, married, and has three children who attend school. Her mother lives with the family. She lives in Kampot Province, Cambodia. Sophors has been involved in the agricultural business for more than 20 years with extensive experience. She grows rice and fattens up cattle. She also sells sugarcane juice to earn additional income to support the family. She earns about $3 per day. Her husband is a policeman who earns about $4 per day.
Due to the difficulty with her family’s transportation, Sophors is requesting a loan for $1,000, which she will use to purchase a motorbike for commuting. This purchase would enable her to use the saved money on her transportation expenses to support her family. In the future, Sophors would like to expand her business and help her children earn bachelor’s degrees. Moreover, she hopes to rebuild her present house to make it more comfortable for her family’s living condition.
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.