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Sunday, February 21, 2010

Microfinance - Mrs. Near Soeng Village Bank Group : Cambodia

photo $950 of $1,075 raised.

Started raising funds on Feb 20, 2010

This village bank loan has nine people who all live in Kandal village in Kandal province. Mrs. Near Soeng is a village bank president who has been selected by all the loan members, who use the loan for different purposes. She is a farmer who owns a small piece of land to cultivate rice for supporting her family. Her husband, Mr. Hung Horm, is a construction laborer. In the rice field, they have had some problems because it has a lot of insects and it is far from an irrigation system. Thus, Mrs. Near Soeng decided to ask for a loan to buy pesticides and will use the rest of the loan to buy fuel to improve the production of rice. She is a mother of three children, one of whom is a laborer, while the others are attending a local public school.


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Read More... [Source: Kiva Loans]

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