Sophear is 32 years old. She is married and resides with her husband and two children in Takeo Province, Cambodia. She has been involved in animal husbandry for more than two years and is successful in her career. She is involved in fattening up pigs and poultry. She earns about $7 per day. Her husband is truck driver who earns about $15 per day. Her children are still in her care and in school. Because their current truck is old, Sophear is requesting a loan of $1000 to purchase a new truck for her husband's delivery service. This purchase would enable her husband to attract more customers and earn more money to support the family. In the future, Sophear would like to purchase one more truck to run the service and to help her children earn bachelor’s degrees. Moreover, she plans to rebuild her house to make it more convenient 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.