Sophorn, 40, is married, resides with her husband and four school-age children in Prey Veng Province, Cambodia. She has been selling groceries for over ten years, earning approximately USD 3 per day. Her husband is a rice farmer who earns approximately USD 2 per day. In order to develop her business, Sophorn is requesting for a loan of USD 1000 to purchase more groceries to sell to generate more profit to support the family. In the future, she would like to expand her groceries store and support her children to study until they get Bachelor degree. Moreover, she plans to rebuild her present house to provide a better living condition for 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.