Sok S., 48, is married and resides with her husband and a twenty-eight year old child in Kampong Chnang Province, Cambodia, an area known for palm products. She sells various kinds of groceries for an income of about $2 per day. Her husband is a mechanic, earning an average income of $2 per day to help cover the family expenses.
She is requesting a loan of $500 to buy a plot of farmland to grow rice. This is her third loan from CREDIT, a long-standing Kiva partner in Cambodia.
KREDIT Microfinance Institution Plc., 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.