Funded

Total loan: $700
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Say

Cambodia
Phnom Penh, Cambodia / Motorcycle Transport

A loan of $700 helped motorbike purchase.


Say's story

Say S. is married and has two young children. He lives with his wife and children in Phnom Penh City. To make a living, he works in construction, and he operates a business as motor-taxi driver in his free time from work in the evening, earning collectively an income of US $7 per day. His wife is employed as a worker in a local garment factory, earning an income of US $2 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 his income. He is asking for a loan of US $700 to purchase a new motorbike for his business as motor-taxi driver. By doing so, he hopes he will be able to raise the standard of living of his family.



Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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