Sboung Chrip

Status: Paid Back

$500.00		Loan Request
$500.00		Paid Back

About the Entrepreneur

Name:	Sboung Chrip
Location:	Kampong Cham, Cambodia
Activity:	Agriculture

About the Loan

Loan Amount:	$500.00
Loan Use:	To buy a piece of land for farming
Repayment Term:	20 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:	Jan 15, 2009

About the Field Partner

Field Partner:

CREDIT, a partner of World Relief

Field Partner Risk Rating:

(Learn more)

Active

42 months

4817

$3,621,900

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

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

Mrs. Sboung Chrip is 50 years old and lives with her husband and five children in Kampong Cham, Cambodia. Chrip and her husband work together growing vegetables and can each make about $4 per day. The couple has five children; one of them helps Chrip and her husband with their farming activities, while two work in a nearby garment factory and the other two are students. They hope to use this loan to purchase a small piece of land so that they can expand their farming activities. In the future, they would like to buy even more land--and perhaps even hire employees--so that they can further expand their business. Eventually, they hope that they can send their children to university.

Lenders to this entrepreneur

Bruce
San Francisco, CA
United States

bonnie

john
W. Hartford, CT
United States

Anonymous
Miami, FL
United States

Mirko& Tanja
Long Beach, CA
United States

Jimmy A.
APO, AE

Erin
Brooklyn, NY
United States

Mario
Riverside, IL
United States

Marilyn
Lombard, IL
United States

Pat
Scarborough, ME
United States

Michael
Killeen, TX
United States

Journal entries for Sboung Chrip

Loan has been disbursed Entrepreneur: Sboung Chrip Location: Kampong Cham, Cambodia Thank you for your loan. It has been disbursed to Sboung Chrip by CREDIT MFI -- World Relief in Cambodia. We are excited to watch this business grow. Over the next 18 - 24 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 Kampong Cham, Cambodia Jun 13, 2007
Comments (1)

Journal Update Entrepreneur: Sboung Chrip Location: Kampong Cham, Cambodia Sboung Chrip first heard about Credit’s low interest from a loan officer who visited her village. She decided to ask for a loan because the interest rate of 2.5% per month is not very high and CREDIT provides a long loan term that she can afford. She took out a loan of US$500 to purchase farmland to expand her cultivation. She has been pleased with the results of her investment and can see her business growing. She has no problems paying a loan back to Credit MFI. Finally, she would like to say thanks to all lenders for interest helping Cambodian entrepreneurs like her family.
Posted by Vichet Ouch from Kampong Cham, Cambodia Jul 28, 2009
Comment on this entry

Repayment Schedule for Sboung Chrip

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	Expected Repayments	Actual Repayments	Comments
September 2007	$27.78	$28.00	Repayment Received
October 2007	$27.78	$28.00	Repayment Received
November 2007	$27.78	$28.00	Repayment Received
December 2007	$27.78	$28.00	Repayment Received
January 2008	$27.78	$28.00	Repayment Received
February 2008	$27.78	$28.00	Repayment Received
March 2008	$27.78	$28.00	Repayment Received
April 2008	$27.78	$28.00	Repayment Received
May 2008	$27.78	$28.00	Repayment Received
June 2008	$27.78	$28.00	Repayment Received
July 2008	$27.78	$28.00	Repayment Received
August 2008	$27.78	$28.00	Repayment Received
September 2008	$27.78	$28.00	Repayment Received
October 2008	$27.78	$28.00	Repayment Received
November 2008	$27.78	$28.00	Repayment Received
December 2008	$27.78	$28.00	Repayment Received
January 2009	$27.78	$24.26	Repayment Received
February 2009	$27.74	$27.74	Repayment Received