Sok Heang is 55 years old. She is married and resides with three children in Kampong Cham Province, Cambodia. She has been selling groceries for more than two years. In addition, she runs a tailoring shop and earns about $8 each day. Her husband is a doctor. He earns about $4 daily. In order to improve her family’s finances, Sok Heang is requesting a loan of $1500 to purchase more groceries to resell. By doing so, she would earn more profit to support the family. In the future, she would like to expand her store and help her children earn a bachelor’s degree. Moreover, she hopes 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.