Sok Nim is 42 years old. She is the mother of four children and resides with her husband in Takeo Province, Cambodia. She has been working in a garment factory for more than two years, earning approximately $4 per day. Her husband is a construction worker who earns about $5 per day. Her children are still in her care and in school. Due to the difficulty in her family’s transportation, Sok Nim is requesting a loan of $1200 to purchase a motorbike for commuting. This purchase would enable her to use the money saved on her transportation expenses to support the family. In the future, she would like to run a grocery store from her home and help her children earn their bachelor’s degrees.
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.