Funded

Total loan: $700
Powered by 24 lenders

Yem

Cambodia
Meanchay District, Cambodia / Personal Housing Expenses

A loan of $700 helped to buy more alcoholic drinks and repair her house.


Yem's story

Yem S. is married and has two school-aged children. She lives with her husband (pictured in front of his house, which is rented to other people) and children in Phnom Penh. To make a living, she sells a type of "hard" alcoholic drink in front of her house, typically earning a gross income of US $3.00 per day. Their primary source of income is her husband’s business. He is a police officer and he rents part of his house to other people, earning collectively an income of US $5.00 per day.

The financial crisis has been difficult for business in Cambodia this past year. This factor has played into a difficult economic year for much of the country, S. included. The country's economic struggles always seem to affect the poor the most. In light of the country's economic difficulties, S. is seeking to increase her income and improve her business. She is asking for a loan of US $700 to purchase more alcoholic drinks to expand her business. With the remainder of the money, she wants to repair her house. By doing so, she believes that she will be able to raise her family's standard of living.



Loan details

Loan length:

14 months
Disbursed date: August 20, 2009
Facilitated by Field Partner: KREDIT Microfinance Institution Plc.

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 20, 2009
Facilitated by Field Partner: KREDIT Microfinance Institution Plc.