Funded

Total loan: $1,000
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A loan of $1,000 helped buy tobacco and betel leaves for resale and a motorbike.


Korng's story

Korng S., 53, is married with six children. She resides in Phnom Penh City with her husband and children. To make a living, she is involved in a business selling tobacco and betel leaves for older people at a local market in the town, earning an income of US $5 per day. The family is also assisted by one of her children who is currently employed as a construction worker, earning an income of US $3 per day. These sources of income help cover the family expenses. S. and her family members are seeking to improve their standard of living and to generate a better income. Therefore, S. is asking for a loan of US $1000 to purchase more tobacco and betel leaves for resale. With the remainder, she wants to purchase a motorbike for one of her children to commute to work at the construction site. By doing so, she hopes she will be able to cut back on public transportation expenses.



Loan details

Loan length:

20 months
Disbursed date: November 27, 2009
Facilitated by Field Partner: KREDIT Microfinance Institution Plc.

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: November 27, 2009
Facilitated by Field Partner: KREDIT Microfinance Institution Plc.