Soy Leng

Soy Leng
Status: Raised
$800.00 Loan Request
$800.00 Raised
http://www.kiva.org/app.php?page=businesses&action=about&id=24605

About the Entrepreneur Name: Soy Leng
Business Name: Grocery Store
Location: Kandal Steung district, Cambodia
Primary Activity: Grocery Store
Loan Requested: $800.00
Repayment Term: 12 months - repaid monthly
Loan Use: To build a small shop in front of their house and to purchase groceries and other goods for inventory.
Date Posted: Nov 20, 2007

Mrs. LENG Soy (age 35) and her husband PHOM Ponlok (age 51) have been married for 12 years. They have 5 children, 3 boys and two girls. Three of the children study in school. They live in a farming area along National Road 2, several kilometers south of Phnom Penh. Her husband (third from left in photo) serves in the Cambodian Army. Soy herself (not pictured), works in a nearby garment factory. Even though monthly wages of garment workers is about US $45-$50, it is considered a good job in Cambodia. Women make up 85%-90% of the factory workforces.

She is requesting this, her second loan from MAXIMA, in the amount of $800. Her family will use the funds from the loan to build a small shop in front of their house for selling groceries and other household goods. They will use the remainder of the loan to purchase inventory for the shop. After the store, which is partially built, is finished, their eldest son (far right of photo) and Soy’s mother-in-law (far left of photo) will work there. They will travel to the district market to buy inventory such as cooking oil, sugar, rice, laundry detergent, dish soap, and children’s snacks.