Run

Loan description:

Run Ven has worked as a carpenter for the last 30 years. He is 57 years old and married with four children aged between 8 and 16. The eldest has already migrated to work in another province. The second is a monk (many young men in Cambodia spend some time as a monk). The two younger children attend a local school. They live in Samrong Snor village in Ek Phnom district in Battambang province. Run has been a member of Ek Phnom Credit Union for five years. Run is often contracted to work on houses in his village. When his business is particularly busy, he takes on 3-5 temporary workers to help him. He pays $4 a day in wages per person. Apart from carpentry, his wife, Soklina Pouk, aged 47 years old, has worked as a seamstress for the past two years. She earns around $60 a month from sewing. Run has sought a loan from the credit union in order to buy timber to build his own house. He intends to repay the loan over four months.