Meng Penh


Status: Paying Back

$800.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Meng Penh
Location: Takeo Province, Cambodia
Activity: Grocery Store

About the Loan

Loan Amount: $800.00
Loan Use: Purchasing rice and other goods to sell in a home-based shop
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jul 24, 2009
Date Disbursed: Jul 16, 2009
Date Funded:Jul 24, 2009

About the Country

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



Meng Penh, age 30, works in the weaving business, typically making $3 US per day. In Cambodia, the traditional method of weaving requires hard work and time to produce the best outputs that will receive competitive prices at the market. Penh and her husband work hard to ensure that their family, including a seven-year-old child attending a local primary school, can live comfortably. Meng's husband works at home selling vegetables and snacks from their house, and, like Meng, makes around $3 US per day. Meng wants to take out a loan for $800 US so that her husband can expand his shop's inventory by buying rice and other goods. They plan to use the money for general household expenses and saving for their child's future education.


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Journal entries for Meng Penh


Loan has been disbursed
 
Entrepreneur: Meng Penh
Location: Takeo Province, Cambodia

Thank you for your loan. It has been disbursed to Meng Penh by CREDIT, a partner of World Relief in Cambodia. We are excited to watch this business grow. Over the 18 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 Takeo Province, Cambodia
Jul 25, 2009
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Kiva Help Repayment Schedule for Meng Penh

  Expected Repayments Actual Repayments Comments
October 2009 $44.00 $44.00 Repayment Received
November 2009 $44.00 $44.00 Repayment Received
December 2009 $44.00 $44.00 Repayment Received
January 2010 $44.00 Available Jan 1  
February 2010 $44.00 Available Feb 1  
March 2010 $44.00 Available Mar 1  
April 2010 $44.00 Available Apr 1  
May 2010 $44.00 Available May 1  
June 2010 $44.00 Available Jun 1  
July 2010 $44.00 Available Jul 1  
August 2010 $44.00 Available Aug 1  
September 2010 $44.00 Available Sep 1  
October 2010 $44.00 Available Oct 1  
November 2010 $44.00 Available Nov 1  
December 2010 $44.00 Available Dec 1  
January 2011 $44.00 Available Jan 1  
February 2011 $44.00 Available Feb 1  
March 2011 $52.00 Available Mar 1