Sophorn is a housewife. Her husband is a chief of construction workers with $10 per day for his income. She has two children who are 11 and 6 years old. Every month she has to spend $75 on food, $10 on transportation, $7 on electricity and $10 on other expenses. She would like to request a loan of $600 to buy a motorbike for her sister to use to travel to work. Before, she was a food seller but she quit because she was busy helping to cook for her husband’s workers at home. She plans to sell food again when she is free from helping her husband so that she can make additional income to help her family.
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.