LeangCP | Phnom Penh,Cambodia English ,Khmer

Some drivers borrowed at 30% to get a tuk-tuk #Cambodia #microcredit # business model #tuk-tuk #taxi #debt

4 USD / 20 Minutes

Tourists know tuk-tuks well--the covered wagons pulled by motorbikes making short trips around the city. But do they know what it means to be a tuk-tuk driver? Many have moved from the countryside to Phnom Penh with big expectations, and even bigger micro-credits to get started in the business. But with very high borrowing costs and often very little business sense, are these drivers pulling up by their bootstraps, or sinking deeper each day? What does this tell us about doing business here?

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