Sao Nhanh


Status: Paying Back

$1,000.00   Loan Amount
11% repaid

About the Entrepreneur

Name: Sao Nhanh
Location: Takeo Province, Cambodia
Activity: Motorcycle Transport

About the Loan

Loan Amount: $1,000.00
Loan Use: purchasing a motorbike and a trailer
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 20, 2009
Date Disbursed: Aug 13, 2009
Date Funded:Aug 20, 2009

About the Country

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



Sao Nhanh, age 36, is married and has six children. She lives with her husband in Takeo Province. To make a living, she is engaged in a small business of producing Cambodian traditional cake (bananas with rice wrapped together in banana leaves), typically earning a gross income of US $4.00 per day. Her husband also plays a major role in the family finances. To generate a better source of income for his family, he is engaged in a business transporting palm sugar to sell with an income of US $9 per day. The family is also assisted by two of her children who are currently employed in a local garment factory.



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, Nhanh included. The country's economic struggles always seem to affect the poor the most.



In light of the country's economic difficulties, Nhanh is seeking to increase her income and improve her business. She is asking for a loan of US$ 1000 to purchase a motorbike and a trailer, a purchase that she sees as a great opportunity to collect coconuts from her village and other nearby places and sell them off at a fair but profitable price.


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Top Lending Teams for this entrepreneur


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Journal entries for Sao Nhanh


Loan has been disbursed
 
Entrepreneur: Sao Nhanh
Location: Takeo Province, Cambodia

Thank you for your loan. It has been disbursed to Sao Nhanh by CREDIT, a partner of World Relief in Cambodia. We are excited to watch this business grow. Over the 18 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 Takeo Province, Cambodia
Aug 21, 2009
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Kiva Help Repayment Schedule for Sao Nhanh

  Expected Repayments Actual Repayments Comments
November 2009 $56.00 $56.00 Repayment Received
December 2009 $56.00 $56.00 Repayment Received
January 2010 $56.00 Available Jan 1  
February 2010 $56.00 Available Feb 1  
March 2010 $56.00 Available Mar 1  
April 2010 $56.00 Available Apr 1  
May 2010 $56.00 Available May 1  
June 2010 $56.00 Available Jun 1  
July 2010 $56.00 Available Jul 1  
August 2010 $56.00 Available Aug 1  
September 2010 $56.00 Available Sep 1  
October 2010 $56.00 Available Oct 1  
November 2010 $56.00 Available Nov 1  
December 2010 $56.00 Available Dec 1  
January 2011 $56.00 Available Jan 1  
February 2011 $56.00 Available Feb 1  
March 2011 $56.00 Available Mar 1  
April 2011 $48.00 Available Apr 1