Sochea is 36 years old. He is married and resides with four children, in Kampong Speu Province, Cambodia. He has been working in construction for more than four years, earning approximately $6 per day. His wife is a garment worker, who makes an income of $5 daily.
To improve his family’s finances, Sochea is requesting a loan of $600, with which he will purchase rice to resell. By doing so, he would earn additional income to support the family. In the future, he would like to expand his business and send his 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.