I told you before about http://www.kiva.org/ where you can make loans to poorer people and they repay you. Well, I am including a little information here for ya'll about Yum Chhunly in Cambodia and what she and her husband has used the loan for. They are 2 months into a 10 month repayment cycle, and so far so good.
Mrs. Yim Chhunly is 44 years old and works as a fish seller at Takmoa market in the Takmoa District of the Kandal province. She has two children who are both in school. Her husband, Mr. Nhoem Sarith, is 50 years old and works as a vegetable farmer. To earn a living for their family, Yim and her husband work very hard everyday. Because of their business, their children can now continue to study.
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Yim needs a loan of $1000.00 to buy a new motorcycle to transport fish and vegetables to the market more efficiently. She has proven to be a reliable client of HKL in the past. And she thanks HKL for their support and promises to be accurate in her loan payment.
Yim needs a loan of $1000.00 to buy a new motorcycle to transport fish and vegetables to the market more efficiently. She has proven to be a reliable client of HKL in the past. And she thanks HKL for their support and promises to be accurate in her loan payment.
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Her husband is pictured in the photo because she was not available at the time.
Here are the loan details:
About the Entrepreneur
Name: Yim Chhunly
Location: Kandal Province, Cambodia
Primary Activity: Motorcycle Transport
Loan Requested: $1,000.00
Repayment Term: 10 months - repaid monthly
Loan Use: To buy a new motorcycle to transport fish and vegetables to the market
Name: Yim Chhunly
Location: Kandal Province, Cambodia
Primary Activity: Motorcycle Transport
Loan Requested: $1,000.00
Repayment Term: 10 months - repaid monthly
Loan Use: To buy a new motorcycle to transport fish and vegetables to the market
Repayment to Date: 20%
Anyways, just wanted to plug the organization again. It does good in difficult times.