Soam Nang
Status: Paying Back
| $1,000.00 | Loan Amount |
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24% repaid
About the Entrepreneur
| Name: | Soam Nang |
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| Location: | Siem Reap Province, Cambodia |
| Activity: | Farming |
About the Loan
| Loan Amount: | $1,000.00 |
|---|---|
| Loan Use: | hire other people to plough the farmland |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Aug 7, 2009 |
| Date Disbursed: | Jul 23, 2009 |
| Date Funded: | Aug 8, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | CREDIT, a partner of World Relief |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 42 months |
| Kiva Entrepreneurs: | 4814 |
| Total Loans: | $3,619,450 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Cambodia |
|---|---|
| Avg Annual Income: | $2,600.00 |
| Currency: | United States Dollars (USD) |
Soam Nang, age 38, is married and has three school-aged children. She lives with her husband in Siem Reap province. She and her husband have been involved in the agriculture sector as farmers, typically earning approximately US $7.50 per day. Besides their farming on the rice fields, they raise beans to meet the market need to generate more income.
The financial crisis has been difficult for business in Cambodia this past year. This factor has played into a difficult economic year for much of the country, Nang included. The country's economic struggles always seem to affect the poor the most. In light of the country's economic difficulties, Nang is seeking to increase her income and improve her business. She is asking for a loan to hire other persons to plough and clear her farmlands so that she is able to farm more variety of crops. By doing so, Nang and her husband will be able to produce maximum outputs.
The financial crisis has been difficult for business in Cambodia this past year. This factor has played into a difficult economic year for much of the country, Nang included. The country's economic struggles always seem to affect the poor the most. In light of the country's economic difficulties, Nang is seeking to increase her income and improve her business. She is asking for a loan to hire other persons to plough and clear her farmlands so that she is able to farm more variety of crops. By doing so, Nang and her husband will be able to produce maximum outputs.
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Journal entries for Soam Nang
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Loan has been disbursed
Location: Siem Reap Province, Cambodia
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Posted by
from Siem Reap Province, Cambodia
Aug 9, 2009 |
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Comment on this entry
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Repayment Schedule for Soam Nang
Repayment Schedule for Soam Nang
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $83.00 | $83.00 |  Repayment Received
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| November 2009 | $83.00 | $83.00 | Repayment Received
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| December 2009 | $83.00 | $83.83 | Repayment Received
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| January 2010 | $83.00 | Available Jan 1 | |||
| February 2010 | $83.00 | Available Feb 1 | |||
| March 2010 | $83.00 | Available Mar 1 | |||
| April 2010 | $83.00 | Available Apr 1 | |||
| May 2010 | $83.00 | Available May 1 | |||
| June 2010 | $83.00 | Available Jun 1 | |||
| July 2010 | $83.00 | Available Jul 1 | |||
| August 2010 | $83.00 | Available Aug 1 | |||
| September 2010 | $87.00 | Available Sep 1 | |||
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