A loan of $1,000 helped set up a store to sell groceries.

Phon's story

Phon Y., age 52, is the mother of three children and lives in Prey Veng, Cambodia. Since 2002, she has been selling pork at an open air market in the village. On average, she makes around $3.00 profit per day. Her daughter is employed as a garment factory worker while her two other children are construction workers building houses. Mrs. Phon would like a loan from Kiva to create another business in order to double her family's income. She wants to sell a variety of groceries. She told a loan officer that in the morning she sells pork so that in the evening she can run a grocery store. She sees this investment as an opportunity to increase her daily income.

CREDIT MFI is an independent Cambodian faith-based organization. It aims to empower the economically active poor and small entrepreneurs by providing inclusive financial services.

Loan details

Lenders and lending teams

Loan details