Increase SOS Fund to Save Expiring Microloans

by Poverty 2 Prosperity, Inc.
Increase SOS Fund to Save Expiring Microloans
Increase SOS Fund to Save Expiring Microloans
Increase SOS Fund to Save Expiring Microloans
Increase SOS Fund to Save Expiring Microloans

Project Report | Jan 29, 2017
January 2017 Report for SOS Loan Fund with Poverty 2 Prosperity

By Colette Bailey | SOS Loan Fund Manager

Your donation has contributed to the SOS Loan Fund which has made many loans which have repaid over $32,600 to the fund. Your donation goes back to work by being lent again and again to deserving people.  These people want to improve their lives by investing in businesses, family members' education, better housing, or even methods of transportation.  This letter features transportation, which may make getting to jobs more accessible.  This loan has been repaid, and the proceeds can now be invested in another family.

 

Sorphuorn's story

Sophuorn was born in 1964, She lives in Kean Svay District, Kandal Province, Cambodia. She has been a porridge and noodle seller for 14 years, and her husband has been a chef for two years. She has three sons and three daughters. Two of her children are married already, one is a garment factory worker, one child is a mango harvest worker, the last one is still studying, and one child died.

Sophuorn wants to purchase a motorbike for her child to ride to work, but she doesn’t have enough money to buy it so she decided to apply for a loan.

 

Thanks again for investing in our borrowers!

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Organization Information

Poverty 2 Prosperity, Inc.

Location: Menlo Park, CA - USA
Website:
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Poverty 2 Prosperity, Inc.
Scott Paterson
Project Leader:
Scott Paterson
Menlo Park , CA United States

Funded Project!

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.
   

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