Sok R., 60, is the mother of four childR. and with her husband (in the photo) has a business hiring out their small tractor and grinding mill to the local people. Some farmers who don't have a cow or tractor to plow their farmland will come to ask to use the tractor from Sok’s family. Also their grinding mill is hired out by local people who want to take off the husks of their rice. These two businesses make the family sometimes $20 each day in revenue. To expand the business they would like to loan to purchase a small truck which will be used to transfer rice.
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.