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Sokhorn
Sokhorn is 56 years old. She is married and resides with two children in Kampong Chhnang Province, Cambodia. She has been selling cake for more than three years, earning approximately $2 per day. Her husband is a carpenter who produce beds to sell. He makes an income of $4 each day. One of her children is a garment worker who earns about $4 daily. Due to a lack of funds, Sokhorn is requesting a loan of $1,500 to purchase construction materials to build her house. This money will help her provide better living conditions. In the future, she would like to expand her husband's business.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $36,587,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Sokhorn to purchase construction materials to build her house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2013
Listed
Dec 10, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2015