Sokha, 30, is married and resides with her husband and one child in Takeo Province, Cambodia. She has been running her parking spot service for over two years, earning approximately USD 5 per day. Her husband is a high school teacher who earns about USD 3 per day. Due to difficulty with the family’s transportation, Sokha is requesting a loan of USD 1500 to purchase a motorbike for commuting. This purchase would help her reduce her transportation expenses. In the future, she would like to expand her business and help her child get a Bachelor’s degree. Moreover, she plans to build a new house as soon as possible.
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.