Sok is 41 years old. She is married and resides with four children in Takeo Province, Cambodia. She has been involved in weaving for more than ten years, earning approximately $2 per day. Her husband is a construction worker who can earn about $3 each day. Two of her children are employed. They earn about $6 daily.
In order to improve her family’s livelihood, Sok is requesting a loan of $1,000 to purchase silk threads to use for weaving more cloth and scarves (Krama) to sell. This purchase would help her earn more income to support the family. In the future, she would like to expand her business and help her children earn bachelor’s degrees. 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.