Sovanda is 30 years old. She is married and resides with three children in Kampong Speu Province, Cambodia. She has been working as a construction worker for more than two years, earning approximately $5 daily. Her husband is a construction foreman who makes an income of $10 per day.
In order to improve her family’s finances, Sovanda is requesting a loan of $1,100 to purchase farmland to use for rice cultivation. This money will help her start a new career and generate additional income for the family. In the future, she would like to expand the business and send her children to a good school.
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.