Total loan: $1,500
Takeo, Takéo Province, Cambodia / Food
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A loan helped to purchase a new boat and to buy additional fish to sell.
Mouk is from a small village adjacent to a river where she and her spouse usually go fishing to generate income. They started this business 10 years ago, and it has earned their family a decent income, so they can provide basic necessities to all of their children and send them to school. If Mouk collects enough fish from her own boat, she retails them in her village, but sometimes she has to buy additional fish from others to sell. Right now, Mouk would like to improve her fishing business with the purchase of a new boat, which is bigger than her old one. It will cost $1,200. With the remaining funds, she will purchase additional fish to sell. Through the income from the business, Mouk will save for the expansion of the business, as well as for emergencies.