Ratana Chan


Status: Paying Back

$400.00   Loan Amount
40% repaid

About the Entrepreneur

Name: Ratana Chan
Location: Muk Kampoul District, Cambodia
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $400.00
Loan Use: To repair the walls of his house.
Repayment Term: 15 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: N/A
Date Listed: May 4, 2009
Date Disbursed: Apr 22, 2009
Date Funded:May 4, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:United States Dollars (USD)



Mr. Ratana Chan, 45, and his wife, Mrs. Mom Un, 42, were married in 1989 and have five children: two daughters who are still young and three sons. Two of their sons have full-time employment, another one is in college. The family lives on an island in the Mekong River, about fifteen kilometers from Phnom Penh, the capital city of Cambodia.

Ratana and his wife are farmers and they were hired by the villagers to spin thread to earn extra income to support their family. The walls of their house are made from coconut leaf. It is difficult for them to live when the rainy season comes, so Ratana is requesting a loan of US$400 to purchase zinc to make new walls for his house.




About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Journal entries for Ratana Chan


Loan has been disbursed
 
Entrepreneur: Ratana Chan
Location: Muk Kampoul District, Cambodia

Thank you for your loan. It has been disbursed to Ratana Chan by MAXIMA Mikroheranhvatho Co., Ltd. in Cambodia. We are excited to watch this business grow. Over the 12 months of this loan, MAXIMA Mikroheranhvatho Co., Ltd. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Muk Kampoul District, Cambodia
May 4, 2009
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Kiva Help Repayment Schedule for Ratana Chan

  Expected Repayments Actual Repayments Comments
July 2009 $0.00 $40.00  
August 2009 $0.00 $40.00  
September 2009 $0.00 $40.00  
October 2009 $40.00 $40.00 Repayment Received
November 2009 $40.00 $0.00 Repayment Received
December 2009 $40.00 Available Dec 1 Repayment Received
January 2010 $40.00 Available Jan 1 Repayment Received
February 2010 $40.00 Available Feb 1  
March 2010 $40.00 Available Mar 1  
April 2010 $40.00 Available Apr 1  
May 2010 $40.00 Available May 1  
June 2010 $40.00 Available Jun 1  
July 2010 $40.00 Available Jul 1