Mao Phol


Status: Paying Back

$1,200.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Mao Phol
Location: Phnom Penh, Cambodia
Activity: Food

About the Loan

Loan Amount: $1,200.00
Loan Use: rent a place to sell breakfast and coffee
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 17, 2009
Date Disbursed: Aug 13, 2009
Date Funded:Aug 17, 2009

About the Country

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



Mao Phol, age 41, is widowed and has a child. She lives with her child who has been enrolled in a local primary school in Phnom Penh City. To make a living, she sells breakfast (rice with roasted pork) in front of her house, typically earning approximately US $7.5 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, Phol included. The country's economic struggles always seem to affect the poor the most. In light of the country's economic difficulties, Phol is seeking to increase her income and improve her business. She is asking for a loan of US $1200 to rent a food shop to sell food and coffee for breakfast. By doing so, she believes that she will be able to raise a good standard of living for her family.

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Journal entries for Mao Phol


Loan has been disbursed
 
Entrepreneur: Mao Phol
Location: Phnom Penh, Cambodia

Thank you for your loan. It has been disbursed to Mao Phol by CREDIT, a partner of World Relief in Cambodia. We are excited to watch this business grow. Over the 12 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 Phnom Penh, Cambodia
Aug 18, 2009
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Kiva Help Repayment Schedule for Mao Phol

  Expected Repayments Actual Repayments Comments
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  
October 2010 $100.00 Available Oct 1