Sokhan is 50 years old. She is married and resides with three children in Takeo Province, Cambodia.
For more than two years, she has been growing vegetables to sell, earning approximately $10 daily. Her husband, who is joining her in the picture, helps her run the business. Her children are employed in a garment factory. They make an income of $15 per day.
With the loan of $700 from KREDIT, Sokhan will purchase a water pump to use for her farming. In addition, a part of this money will be used to buy vegetable seeds for cultivation. This purchase will help her provide a high yield and earn more income for the family.
In the future, she would like to expand her farmland and rebuild her house to make it bigger and more comfortable for the family.
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.