Funded

Total loan: $1,200
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Phan


A loan of $1,200 helped to purchase cows to plow farmland.


Phan's story

Phan N., 61, is a widow and lives with two of her children in the Takeo province. She is a farmer, making $1 a day. She is also supported by her two children who work as garment factory workers making approximately $3 each per day. The weather conditions have been difficult for farming in Cambodia this past year and inflation struggles have affected all Cambodians. These factors have played into a difficult economic year for much of the country. The country’s economic struggles always seem to affect the poor the most. In light of the country’s economic difficulties, Phan N. is seeking to increase her income. She is asking for a loan of $1,200 to purchase cows to plow farmland. (Phan N. is pictured with her daughter.)



Loan details

Loan length:

20 months
Disbursed date: September 7, 2010
Facilitated by Field Partner: KREDIT Microfinance Institution Plc.

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: September 7, 2010
Facilitated by Field Partner: KREDIT Microfinance Institution Plc.