Sokha is 45 years old. She is married with four children and lives with her family in Kampong Chhnang Province, Cambodia. She has been in the agricultural field for more than twenty years, and is experienced and successful in her business. She is involved in animal husbandry, fishing, and growing rice. She earns about $8 daily. Her husband helps her run the business. Two of her children are employed in Korea; they earn about $50 per day.
Sokha is requesting a loan of $1200 to purchase rice seeds to use for farming in the dry season. This money will help her maintain enough capital to operate her farming business. In the future, she would like to expand her business and help her children achieve a higher level of education. Moreover, she plans 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.