Chim Sola


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Chim Sola
Location: Phnom Penh City, Cambodia
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $500.00
Loan Use: To build a small home for rental
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 11, 2007
Date Disbursed: Jun 25, 2007
Date Funded:Jun 11, 2007
Loan Ended:Jun 13, 2008

About the Country

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



Mrs. Chim Sola is 48 years old, and she runs a small business of renting out rooms to garment factory workers. She earns about $9/day in this business, and her husband contributes $2/day which he earns working as a motor taxi driver. Chim Sola and her husband support 6 children--4 of whom work at a garment factory. She will use this loan to build a home with four or five new rooms for rent. Over time, she hopes to save enough money to reinvest in her business and make it much larger.



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 Chim Sola


Loan has been disbursed
 
Entrepreneur: Chim Sola
Location: Phnom Penh City, Cambodia

Thank you for your loan. It has been disbursed to Chim Sola 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 Phnom Penh City, Cambodia
Jun 13, 2007
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Kiva Help Repayment Schedule for Chim Sola

  Expected Repayments Actual Repayments Comments
September 2007 $41.67 $42.00 Repayment Received
October 2007 $41.67 $42.00 Repayment Received
November 2007 $41.67 $42.00 Repayment Received
December 2007 $41.67 $42.00 Repayment Received
January 2008 $41.67 $42.00 Repayment Received
February 2008 $41.67 $42.00 Repayment Received
March 2008 $41.67 $42.00 Repayment Received
April 2008 $41.67 $42.00 Repayment Received
May 2008 $41.67 $42.00 Repayment Received
June 2008 $41.67 $42.00 Repayment Received
July 2008 $41.67 $42.00 Repayment Received
August 2008 $41.63 $38.00 Repayment Received