Nourn Brak


Status: Paying Back

$300.00   Loan Amount
51% repaid

About the Entrepreneur

Name: Nourn Brak
Location: Phnom Penh City, Cambodia
Activity: Food Production/Sales

About the Loan

Loan Amount: $300.00
Loan Use: buying more bananas to sell, fried
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 16, 2009
Date Disbursed: Jun 15, 2009
Date Funded:Jun 16, 2009

About the Country

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



Brak Nourn, 54, has been a motor-taxi driver providing transportation services in Phnom Penh City since 2000. His wife, 57, sells fried bananas (a very common snack for Cambodian people). He and his wife have 6 children: two of them are students and the rest are employed at a garment factory.



To make a better income, Brak Nourn wants to take US$ 300 loan from KIVA to expand his wife's current business. Then, if she has more income and savings from the family’s expenses, she will be able to run a grocery business in her house. (His wife is presented in the picture)


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Journal entries for Nourn Brak


Loan has been disbursed
 
Entrepreneur: Nourn Brak
Location: Phnom Penh City, Cambodia

Thank you for your loan. It has been disbursed to Nourn Brak by CREDIT, a partner of World Relief in Cambodia. We are excited to watch this business grow. Over the 8 months of this loan, CREDIT, a partner of World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Phnom Penh City, Cambodia
Jun 17, 2009
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Kiva Help Repayment Schedule for Nourn Brak

  Expected Repayments Actual Repayments Comments
September 2009 $38.00 $38.00 Repayment Received
October 2009 $38.00 $38.00 Repayment Received
November 2009 $38.00 $39.00 Repayment Received
December 2009 $38.00 $38.00 Repayment Received
January 2010 $38.00 Available Jan 1  
February 2010 $38.00 Available Feb 1  
March 2010 $38.00 Available Mar 1  
April 2010 $34.00 Available Apr 1