Wednesday, May 25, 2011

Kiva Featured Borrowers Group: Sokhoen's Group in Kampuchea

Mrs. Sokhoen's group, Kampuchea

Consilium believes economic, social and cultural development are linked, and we believe all three forms of development  must be supported at the local, regional, national and international levels. That's why we support Kiva, a non-profit organization that connects people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, Kiva enables individuals lend as little as $25 to help create opportunity around the world.

The Consilium Group is currently supporting several projects. One is the initiative led by Mrs. Sokhoen, shown above.


Born in 1980, Mrs. Sokhoenis the mother of three children, two of whom are attending local public school. The youngest is 3 years old.

She and her husband, Mr. Mul, are farmers who own a 1-hectare plot of land where they grow rice. They sell part of the rice yield,  and keep the rest to field their family.

They work very hard - Mr. Mul also holds down a job in construction to make ends meet. But their income is still meager. Mrs. Sokhoen requested this Kiva loan to buy piglets and some pig food to start a new pig-breeding business.

The group has already started repaying the loan. Repayment of Kiva loans is close to 98%.

If you're interested in supporting micro-businesses around the world, visit the Kiva site. OR join the Consilium Kiva Group, and help us to make a difference in real life, for real people.

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