Funded

Total loan: $500
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Cheng


A loan of $500 helped to purchase more groceries and repair a leaky roof.


Cheng's story

Cheng L., 53, is a widowed grocery store worker who lives in Siem Reap Province. She has thirteen children, but they have all married and moved out of the home. As a grocery store worker, she typically makes $2 each day and is now in need of some capital. Inflation has been soaring in Cambodia over the course of the past year, and food prices are very high, substantially increasing the economic struggles many Cambodians experience. Cheng L., seeking to increase her income and improve her standard of living, has asked for a loan of $500. With that loan, she would like to purchase more groceries and expand her business, while using the remaining money to repair her home’s leaky roof.



Loan details

Loan length:

20 months
Disbursed date: July 13, 2008
Facilitated by Field Partner: KREDIT Microfinance Institution Plc.

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: July 13, 2008
Facilitated by Field Partner: KREDIT Microfinance Institution Plc.