Funded

Total loan: $1,000
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Koeun


A loan of $1,000 helped to purchase a construction crane for his business.


Koeun's story

Mr. Koeun U., 42, and his wife, Mrs. Thoeun Me, 38, were married in 1989 and have two children: a son who is a boat pilot and a daughter in school. The family lives in a small village across from the Mekong River, about 20 kilometers from Phnom Penh, Cambodia.

Koeun has been a mason for 3 years. His wife has been selling Cambodian cupcakes (akor) for 20 years. Akor is a cake made of flour, sugar, and coconut milk. The batter is poured into small cups and steamed. Thoeun buys ingredients from the market and sells the cakes in the nearby village.

Koeun needs additional equipment for his job and he is requesting his first loan of $1000 to purchase a construction crane for his business.



Loan details

Loan length:

22 months
Disbursed date: February 26, 2009
Facilitated by Field Partner: MAXIMA Microfinance Plc

Lenders and lending teams



Loan details

Loan length:

22 months
Disbursed date: February 26, 2009
Facilitated by Field Partner: MAXIMA Microfinance Plc