Sokhun is 32 years old. She is married and resides with four children in Kampong Cham Province, Cambodia. She has been working as a teacher for more than five years, earning approximately $5 daily. Her husband (who is joining her in the picture with her children) is a school director who earns about $15 each day. In addition, he runs a business purchasing firewood and rice to resell from home.
Due to difficulty in her family’s transportation, Sokhun is requesting a loan of $1200 to purchase a motorbike for commuting. This purchase will enable her to use the money saved on transportation expenses to support the family. In the future, she would like to expand the business and help her children earn bachelor’s degrees. Moreover, she hopes to build a new bigger 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.