Sovannara is 46 years old. He is a widower and has been blessed with three children. He lives in Takeo Province, Cambodia. He is a doctor, who makes an income of $10 daily. His children are school.
In order to improve his family’s finances, Sovannara is requesting a loan of $1,000 US. He will use the loan to purchase medicine for resale to his patients who need them. This money will help him to obtain enough medicines for treatment, and to earn more money to support the family. In the future, he would like to rebuild his house and help his children earn bachelor’s degrees.
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.