Chhorn Vung


Status: Paying Back

$500.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Chhorn Vung
Location: Siem Reap Province, Cambodia
Activity: Farming

About the Loan

Loan Amount: $500.00
Loan Use: To purchase farmland
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 7, 2009
Date Disbursed: Aug 29, 2009
Date Funded:Aug 9, 2009

About the Country

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



Chhorn Vung, age 53, is married and has a child who is now a farmer. She lives with her husband in Siem Reap province. She and her husband have been farming since 1998, collectively earning $6 US per day. They work hard every day to ensure a good standard of living for their family.


The financial crisis has been difficult for business in Cambodia this past year. This has factored into a difficult economic year for much of the country, Vung included. The country's economic struggles always seem to affect the poor the most. In light of the country's economic difficulties, Vung is seeking to increase her income and improve her agriculture business. She is asking for a loan of $500 US to purchase more farmlands – a purchase that she sees as an opportunity to produce more crops to sell and to raise her standard of living.


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Lenders to this entrepreneur

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Dave
Mississauga, Ontario
Canada

Bob Harris
Los Angeles, CA
United States

In Memory of Lori Miller
Sacramento, CA
United States

Julio
Denver, CO
United States

Mark
Parker, CO
United States

Steve
Ferndale, WA
United States

Frank
Antwerpen, An
Belgium

K J
San Diego, CA
United States

Chen
Ballina, New South Wales
Australia

Monique
Lausanne,
Switzerland

Kendra
Campton, NH
United States

Anonymous
San Francisco, CA
United States

martha
athol, NY
United States

Ruth
State College, PA
United States



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Poverty2Prosperity.org - Poverty-Escape
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Journal entries for Chhorn Vung


Loan has been disbursed
 
Entrepreneur: Chhorn Vung
Location: Siem Reap Province, Cambodia

Thank you for your loan. It has been disbursed to Chhorn Vung 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 29, 2009
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Kiva Help Repayment Schedule for Chhorn Vung

  Expected Repayments Actual Repayments Comments
November 2009 $42.00 $42.00 Repayment Received
December 2009 $42.00 $42.00 Repayment Received
January 2010 $42.00 Available Jan 1  
February 2010 $42.00 Available Feb 1  
March 2010 $42.00 Available Mar 1  
April 2010 $42.00 Available Apr 1  
May 2010 $42.00 Available May 1  
June 2010 $42.00 Available Jun 1  
July 2010 $42.00 Available Jul 1  
August 2010 $42.00 Available Aug 1  
September 2010 $42.00 Available Sep 1  
October 2010 $38.00 Available Oct 1