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Sophen
Sophen is 30 years old. She is married and lives with one child in Kandal Province, Cambodia. She has been working in a garment factory for more than three years, earning approximately 5 USD per day. Her husband (who is joining her in the picture) is a driver who earns about 6 USD daily. In order to improve her family’s finances, Sophen is requesting a loan of 1,500 USD to purchase piglets to breed and resell when they gain weight. By doing so, she would earn more income for her family. In the future, she would like to expand her business and send her child to a good school. Moreover, she hopes to build a new house as soon as possible.

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
  • 187
    View loans »
    Cambodia Loans Fundraising
  • $37,012,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Sophen to purchase piglets to breed and resell when they gain weight.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Nov 12, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014