Sokly is 33 years old. He is married and lives with three children in Kampong Speu Province, Cambodia. He has been working in construction since 2008, earning approximately $6 daily. His wife is a garment worker who makes an income of $4 each day.
Due to a lack of funds, Sokly is requesting a loan of $1,000 to purchase construction materials to construct a building for his client. This money will help him generate more profit. In the future, he would like to expand his business and help his children earn a higher education. Moreover, he hopes to rebuild his house to be more convenient for the family.
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.