Meas Veoun

Thank you for your loan. It has been disbursed to Meas Veoun by CREDIT, a partner of World Relief in Cambodia. We are excited to watch this business grow. Over the next 15 months, CREDIT, a partner of World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Meas Veoun, 50, is a widow who lives with three of her four children in Siem Reap, Cambodia, home of the famous Angkor Wat temple. Meas sells fruit, and requested this loan so she could have more capital to use when buying fruits.

I recently visited Meas to learn about her business and how she used her loan. Meas said that she uses the money to buy fruits for herself and her sister when she thinks it's a good time to buy. She has sales of around $50 to $75 per day during normal periods, but around the Cambodian New Year, fruit is in high demand, and she can sell about $400 of fruit a day.

In an average month, Meas saves about $2-300. She says that she keeps it to use for emergencies like unexpected illnesses.

Meas said that because her income is seasonal and often fluctuates, she sometimes has trouble dealing with expenses.

In the future, Meas wants to expand her business, and maybe sell cigarettes. She said that her stall is in a favorable position, and she'd like to try selling something other than fruit to differentiate her stand from the other fruit stands around her's.

(For those viewing this update in email, this lender's profile can be viewed here: http://partners.kiva.org/app.php?page=businesses&action=about&id=54171, and all loans from CREDIT MFI in Cambodia can be viewed here: http://partners.kiva.org/about/aboutPartner?id=9)"