Tan Nary


Status: Paid Back

$700.00   Loan Request
$700.00   Paid Back

About the Entrepreneur

Name: Tan Nary
Location: Phnom Penh, Cambodia
Activity: Clothing Sales

About the Loan

Loan Amount: $700.00
Loan Use: To purchase more clothing for her inventory
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 26, 2007
Date Disbursed: Jul 11, 2007
Date Funded:Jun 27, 2007
Loan Ended:May 27, 2008

About the Country

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



Mrs. Tan Nary, 46 years old and a widow, lives with her 3 children in Phnom Penh, Cambodia. She sells clothes at a local market and generally makes around $6/day in revenue. Tan Nary is a diligent mother who is struggling very hard to support her entire family, especially to provide for her children's education, since her husband passed away many years ago. Two of her children are students and one works at a small hotel.

In order to increase her business and to meet her clients' needs, Tan Nary is currently asking for a loan of $700. She will use part of that sum to purchase more clothing for her inventory and the remainder to buy a motor-bike for one of her children to ride to work, so that he no longer has to pay for public transport. She would be grateful for your help, which will play a most important role in her business's growth.


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Lenders to this entrepreneur

Katie
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MomToBeDepot
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InsureMe
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The STAND team at WSU
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Carla
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patricia
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Anonymous
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Gin

Malaysia

Rodney
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Anne

Switzerland



Journal entries for Tan Nary


Loan has been disbursed
 
Entrepreneur: Tan Nary
Location: Phnom Penh, Cambodia

Thank you for your loan. It has been disbursed to Tan Nary by CREDIT MFI -- World Relief in Cambodia. We are excited to watch this business grow. Over the next 12 - 18 months, CREDIT MFI -- World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Phnom Penh, Cambodia
Jul 11, 2007
Comment on this entry

Journal Update.
 
Entrepreneur: Tan Nary
Location: Phnom Penh, Cambodia

Tan Nary’s business is doing well and so far, she has many customers. She would like to say thanks to Credit who provides a very low interest rate and long loan term. She said now she has added fashionable clothes inventory to meet her customer’s demand. She did not purchase a motorbike for her son to work, but she used the money to build rooms to rent out to garment factory workers around her area. Loan helps her a lot and so far, her income is up to $10 each day. In the future, she plans build more rooms to rent out.

Finally, she would like to say thanks to all lenders for interest helping Cambodian entrepreneurs like her family.


Posted by Vichet Ouch from Phnom Penh, Cambodia
Aug 4, 2008
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Kiva Help Repayment Schedule for Tan Nary

  Expected Repayments Actual Repayments Comments
October 2007 $58.33 $59.00 Repayment Received
November 2007 $58.33 $59.00 Repayment Received
December 2007 $58.33 $59.00 Repayment Received
January 2008 $58.33 $59.00 Repayment Received
February 2008 $58.33 $59.00 Repayment Received
March 2008 $58.33 $59.00 Repayment Received
April 2008 $58.33 $59.00 Repayment Received
May 2008 $58.33 $59.00 Repayment Received
June 2008 $58.33 $59.00 Repayment Received
July 2008 $58.33 $169.00 Repayment Received
August 2008 $58.33 $0.00 Repayment Received
September 2008 $58.37 $0.00 Repayment Received