Total loan: $1,000
Tboung Kmum district, Kampong Cham province, Cambo, , Cambodia / Food
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A loan helped Purchase of sugar cane and a new sugar cane juice cart.
Sen S. is 46 years old and a mother of three. She recently started her own business: she sells sugar cane juice on the street to the people in her community. Sugar cane juice has a refreshing, sweet-and-sour taste, and is a popular soft drink in South and Southeast Asia. In Cambodia, many sugar cane juice stands can be seen along the main roads. Sen S. has been involved in this business since 2006, and she typically makes around US$6 per day. One of her children, employed by a private company, earns US$7 per day, while the other two are still students. In a typical month, S.'s family spends US$50 on food, US$10 on utilities, and US$10 on their children's tuition. After hearing about CREDIT MFI from one of her neighbors, Mrs. Sen S. decided to apply for a loan to be able to buy a new sugar cane cart and an additional volume of sugar cane. She believes that the purchase will improve her business and make it more profitable.