Sunday, October 26, 2008
Andrew makes a new loan
Andrew made a new loan to Ms. Morn Ren of Cambodia.
Morn Ren is married and has had a business selling groceries since 1990. She is able to make about US$2 per day, while her husband works selling firewood and makes US$3 a day. Morn Ren would like to take out a loan of US$1000 to make two investments. Firstly, she will use US$500 to diversify her grocery inventory, and secondly, she will use the rest to raise pigs for sale to provide her with extra profit.