Sokhorn is 56 years old. She is married and resides with three children in Kampong Chhnang Province, Cambodia. She has been selling groceries for more than two years, earning approximately $3 daily. Her husband runs a repair shop. He earns about $2 each day. Two of her children are employed in garment factory. They earn about $5 per day. In order to improve her family’s finances, Sokhorn is requesting a loan of $1000 to purchase more groceries to sell. By doing so, she would earn more profit. In the future, she would like to run a cosmetics shop for her daughter and send her youngest child to a good school.
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.