Sokhon is 29 years old. She is married and resides with a one year-old child in Kampong Speu Province, Cambodia. She has been working in a garment factory for more than three years, earning approximately $3 daily. Her husband is a construction worker who makes an income of $3 each day. In order to improve her family’s finances, Sokhom is requesting a loan of $1000 to purchase a motorbike and a trailer. This purchase will help her run a new business of carrying water to sell and generate more income for the family. In the future, she would like to expand her business and 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.