Sokhorl is 43 years old, married and resides with three children in Takeo Province, Cambodia. She has been employed in weaving for more than five years, earning approximately $2 per day. Her husband (joining her in the picture) is a construction worker who makes an income of $6 each day. To improve her family’s finances, Sokhorl is requesting a loan of $700 to purchase farmland to use for rice cultivation. This purchase will help her run a new business and earn more income for the family. In the future, she would like to run her own weaving business and help her children achieve a higher education. Moreover, she hopes to build a new house if 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.