Funded

Total loan: $1,000
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Loung

Cambodia
Phnom Penh, Cambodia / Transportation

A loan of $1,000 helped to purchase one motor taxi (Tuk Tuk).


Loung's story

Mr. Loung C., 46, and his wife, Mrs. Mao Kong, 41, live in the suburb of Phnom Penh City. They were married in 1985 and have nine children: five sons and four daughters. One of them was married and lives outside the family home, three children are garment factory workers, two children are tailors, one has full-time employment, and two children attend school.

Mr. Loung has been a tailor for two years, a skill he learned from his neighbor. His wife has been selling vegetables for about five months. Currently, he wants to create another business running a Tuk Tuk (motorbike taxi). Therefore, he is requesting a loan of $1000 to purchase one motor taxi to earn more income to support his family.



Loan details

Loan length:

22 months
Disbursed date: December 5, 2008
Facilitated by Field Partner: MAXIMA Microfinance Plc

Lenders and lending teams



Loan details

Loan length:

22 months
Disbursed date: December 5, 2008
Facilitated by Field Partner: MAXIMA Microfinance Plc