Tuesday, December 18, 2007
Seng Soy
Seng Soy
Status: Raised
$100.00 Loan Request
$100.00 Raised
http://www.kiva.org/app.php?page=businesses&action=about&id=27984
About the Entrepreneur Name: Seng Soy
Business Name: Farming
Location: Muk Kampoul district, Cambodia
Primary Activity: Farming
Loan Requested: $100.00
Repayment Term: 12 months - repaid monthly
Loan Use: To purchase seeds, fertilizer, and pesticides
Date Posted: Dec 18, 2007
Date Funded: Dec 18, 2007
Mr. Seng Soy and his family live in a small village along the Mekong River about twenty kilometers north of Phnom Penh. Seng (age 45) and his wife (age 47) have three children, one of whom attends school in their village. The two oldest live at home and work in a nearby plywood factory. Seng has been farming for about ten years. He learned with the help of a neighbor. His main crops are two varieties of greens – one similar to mustard greens (see photo), and another that is a type of lettuce. They also have a small grove of banana trees. A local middleman buys their produce and sells it at one of the large markets in Phnom Penh.
Seng and his family are requesting this, their third loan from MAXIMA, to buy seeds, fertilizer, and pesticides for their farm. They are requesting a loan of $100.
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