Chea Phally


Status: Paying Back

$1,200.00   Loan Amount
25% repaid

About the Entrepreneur

Name: Chea Phally
Location: Siem Reap Province, Cambodia
Activity: Services

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase speakers and a trailer
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 7, 2009
Date Disbursed: Jul 30, 2009
Date Funded:Aug 8, 2009

About the Country

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



Chea Phally, age 36, is married and has three school-aged children. She lives with her husband in Siem Reap province. To make a living, she goes to work in town as a construction builder, typically earning US$3.75 per day. The family is also assisted primarily by her husband who is a speaker repairman and a construction builder with an income of US$5 per day.

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, Phally included. The country's economic struggles always seem to affect the poor the most. In light of the country's economic difficulties, Phally is seeking to increase her income and improve her business. She is asking for a loan of US$1200 to purchase speakers and a trailer. By doing so, she will use the trailer to transport speakers to rent to the people who want to use them in any ceremony.

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Journal entries for Chea Phally


Loan has been disbursed
 
Entrepreneur: Chea Phally
Location: Siem Reap Province, Cambodia

Thank you for your loan. It has been disbursed to Chea Phally by CREDIT, a partner of World Relief in Cambodia. We are excited to watch this business grow. Over the 11 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 Siem Reap Province, Cambodia
Aug 9, 2009
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Kiva Help Repayment Schedule for Chea Phally

  Expected Repayments Actual Repayments Comments
October 2009 $100.00 $100.00 Repayment Received
November 2009 $100.00 $100.00 Repayment Received
December 2009 $100.00 $100.00 Repayment Received
January 2010 $100.00 Available Jan 1  
February 2010 $100.00 Available Feb 1  
March 2010 $100.00 Available Mar 1  
April 2010 $100.00 Available Apr 1  
May 2010 $100.00 Available May 1  
June 2010 $100.00 Available Jun 1  
July 2010 $100.00 Available Jul 1  
August 2010 $100.00 Available Aug 1  
September 2010 $100.00 Available Sep 1