Klang Soeu

Thank you for your loan. It has been disbursed to Klang Soeu by CREDIT, a partner of World Relief in Cambodia. We are excited to watch this business grow. Over the next 12 months, CREDIT, a partner of World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Klang Soeu, 62, is a widow who sells a traditional Khmer noodle soup dish out of her home food stand with a typical income of US$5 per day in Siem Reap, Cambodia. She lives with her one child who is a construction work and requested a loan so that she could improve her business.

A CREDIT MFI loan officer recently visited Soeu to check on her progress. After receiving her loan, Soeu spent her loan on purchasing wood to repair her house. She said that her daily income slightly decreased because of the current situation of economic crisis by about 10%. Although the situation does not allow her to satisfy her current business, she is able to live in house with a good condition with the loan.

Soeu said that she still needs more capital to invest in business, so she plans to take out another loan in the future. And she actually hopes that her business will allow her to have a better standard of living.

When asked, Seou said she was thankful to CREDIT for its good service, and to Kiva lenders for supporting her loan.

(For those viewing this update in email, this borrower's profile can be viewed here: http://partners.kiva.org/app.php?page=businesses&action=about&id=18628, and all loans from CREDIT MFI in Cambodia can be viewed here: http://partners.kiva.org/about/aboutPartner?id=9)"