Chin Sokhean


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Chin Sokhean
Location: Preyveng Province, Cambodia
Activity: Food Market

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase extra vegetables for sale
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 2, 2007
Date Disbursed: Jun 17, 2007
Date Funded:Jun 3, 2007
Loan Ended:Jun 7, 2008

About the Country

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



Mrs. Chin Sokhean, a 34-year old mother of 3 children who are in school, lives with her husband in Cambodia. Sokhean sells fresh vegetables at a busy market and typically makes around US$6 per day in revenue, while her husband can make a moderate salary from operating a motor-taxi business. Sokhean is asking for a loan of US$1000 to purchase more vegetables in order to respond to the large demand. One day, she hopes to own another stand in a market to make additional income from this business.

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Lenders to this entrepreneur

Britt
Dahlgren, VA
United States

Marcia & Phil
Cromwell, CT
United States

Peter
Irvine, CA
United States

Rhonda
Houston, TX
United States

Euan
Hebden Bridge, West Yorkshire
United Kingdom

Joanne
black River Falls, WI
United States

Anonymous
Brandeton, FL
United States

Nathan
Brooklyn, NY
United States

thomas
traverse city, MI
United States

Mickey
Tucson, AZ
United States

Vickie
SEATTLE, WA
United States

Neil
Saskatoon, Saskatchewan
Canada

Patricia
Rogers, MN
United States

Daniel and Chantal
Niederwangen, Bern
Switzerland

Jacob
Toronto, Ontario
Canada

Robbie
Williamsburg, VA
United States

inductsys.com
Boise, ID
United States

Jeanette & Carl
West Chester, PA
United States

Thomas
Prescott, AZ
United States

Josh
Sammamish, WA
United States

Genevieve
San Francisco, CA
United States

David
West Linn, OR,
United States

William
Augusta, Ga
United States

Heather & Reid
Gainesville, FL
United States



Journal entries for Chin Sokhean


Loan has been disbursed
 
Entrepreneur: Chin Sokhean
Location: Preyveng Province, Cambodia

Thank you for your loan. It has been disbursed to Chin Sokhean by CREDIT MFI -- World Relief in Cambodia. We are excited to watch this business grow. Over the next 12 - 15 months, CREDIT MFI -- World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Andrew Cashin from Preyveng Province, Cambodia
Jun 7, 2007
Comment on this entry

Kiva Journal Update for Chin Sokhean
 
Entrepreneur: Chin Sokhean
Location: Preyveng Province, Cambodia

Mrs. Chin Sokhean used her Kiva loan to purchase vegetables for her busy vegetable stand. She has been able to increase her sales and revenue as a result, making between $8 to $20/day now compared with $2.50 to $5/day before the loan. She is now able to start saving money, and she hopes to open another vegetable stand in the future. Her goal is to have the largest and busiest stand in her market. She has since paid back her loan in full, and is happy with the low-interest and good service that she received from CREDIT. She is considering borrowing from them again in order to help meet her business goals.


Posted by Isadora Tang from Preyveng Province, Cambodia
Jul 3, 2008
Comments (1)

Kiva Help Repayment Schedule for Chin Sokhean

  Expected Repayments Actual Repayments Comments
September 2007 $83.33 $84.00 Repayment Received
October 2007 $83.33 $84.00 Repayment Received
November 2007 $83.33 $84.00 Repayment Received
December 2007 $83.33 $84.00 Repayment Received
January 2008 $83.33 $84.00 Repayment Received
February 2008 $83.33 $84.00 Repayment Received
March 2008 $83.33 $84.00 Repayment Received
April 2008 $83.33 $84.00 Repayment Received
May 2008 $83.33 $84.00 Repayment Received
June 2008 $83.33 $84.00 Repayment Received
July 2008 $83.33 $84.00 Repayment Received
August 2008 $83.37 $76.00 Repayment Received