Soch is 31 years old. She is married and lives with her three children in Siem Reap Province, Cambodia. She has been selling groceries for more than seven years, earning approximately $4 daily. Her husband runs a business which involves purchasing motorbikes to resell. He earns about $7 each day.
Soch is requesting a loan of $1000 to purchase a secondhand motorbike to fix and resell for a profitable price. By doing so, they would earn more profit to support the family. In the future, she would like to run a pond shop and help her children to earn bachelor degrees. Moreover, she hopes to build a new house as soon as possible.
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.