100%

funded

Total loan: $750

Phally

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Kampong Cham, Kampong Cham, Cambodia / Manufacturing

Phally's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to buy wood and machines for making furniture for selling.


Phally's story

Phally is 48 years old, widower and is the father of two children. He is making and selling furniture. He has been running this business for 6 years.

Phally has applied for a 3,000,000 KHR loan through Kiva's field partner Chamroeun to buy wood and machines for making furniture for selling. Using the loan, he will be able to earn more income to continue his business as well as increase his family's living standards. He hopes that he can grow his business and send his children to get higher education and have a good job in the future.

His main challenges are more competitors and the fluctuation in the prices of goods.