Vuth Ang

Thank you for your loan. It has been disbursed to Vuth Ang by CREDIT MFI -- World Relief in Cambodia. We are excited to watch this business grow. Over the next 18 - 24 months, CREDIT MFI -- World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Vuth Ang, age 40, works as farmer, selling her vegetables in her community and her husband works grinding rice crops for the villagers. Mrs. Ang has requested a loan to purchase hand-tractor to efficiently till the soil in her field.

Mrs. Ang first heard about Credit’s low interest from a loan officer who visited her commune. She decided to ask for a loan because the interest rate of 2.5% per month is not very high and CREDIT provides a long loan term that she can afford. Ang took out a loan of $1100 to purchase hand-tractor, but she changed her mind when she received the money. Instead, she decided that it would be more profitable for her to replace her husband grinding mill. She told a loan officer that the old machine is often fixed and use a lot of gas when it runs. She has been pleased with the results of her investment. So far, the grinding mill can earn up to $5 each day. In the future, this couple plan to purchase a truck to transfer wood, rice and etc… There are no problems paying back a loan to Credit MFI.

Again, she states that the loan is very useful as it is provide a chance to all poor entrepreneurs to start and sustain their businesses. Finally, she would like to say thanks to all lenders for interest helping Cambodian entrepreneurs like her family.