Chum Sitha

Thank you for your loan. It has been disbursed to Chum Sitha 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.

Chum Sitha is a mother of four school-aged children and works as duck breeder while her husband is a policeman. This family is largely depending on duck eggs business to support the daily expense. So to increase the number of raising duck she has asked a loan of $750 to invest on duck farm.

Sitha 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. With the loan of $750 she received she began to purchase more ducks to lay eggs. Some part of the money she used to build cage as well. She has been pleased with the results of her investment and can see her business growing. The income has been increased since the loan and she has used the money to purchase duck feed in bulk. She told a loan officer that she wants to save money for her children’s education. She wants them to take a higher class in order to find a good job. She has no problems paying a loan back 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.