Kol Srey

Thank you for your loan. It has been disbursed to Kol Srey 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.

Kol Srey is married and lives with two of her four children and her husband in the Kampong Cham, Cambodia. She purchases and resells bean, while her husband is a carpenter creating furniture.

Mrs. Kol Srey first heard about Credit’s low interest from a loan officer who visited her village. 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. She took out a loan of US$1200 to purchase an inventory of beans in bulk to take advantage of bulk discounts, lowering costs and the increasing margins of her business. She has been pleased with the results of her investments and can see her business growing. She has no problems paying a loan back to Credit MFI and she has been very pleased with her decision and is grateful for the ability to better support her family.

Currently, she is able to make US$15 in revenue each day.

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.

CREDIT MFI is an independent Cambodian faith-based organization. It aims to empower the economically active poor and small entrepreneurs by providing inclusive financial services.