Kak Lem Nary
Status: Paying Back
| $200.00 | Loan Amount |
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28% repaid
About the Entrepreneur
| Name: | Kak Lem Nary |
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| Location: | Phnom Penh, Cambodia |
| Activity: | Fruits & Vegetables |
About the Loan
| Loan Amount: | $200.00 |
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| Loan Use: | buy more fruit |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Aug 24, 2009 |
| Date Disbursed: | Aug 20, 2009 |
| Date Funded: | Aug 24, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | CREDIT, a partner of World Relief |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 42 months |
| Kiva Entrepreneurs: | 4817 |
| Total Loans: | $3,621,900 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Cambodia |
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| Avg Annual Income: | $2,600.00 |
| Currency: | United States Dollars (USD) |
Kak Lem Nary, age 26, is a widow and has a school-aged child. She lives with her sister and her child in Phnom Penh City. To make a living, she works in a local garment factory, earning approximately US $3 per day. The family is also assisted by her sister who sells various kinds of fruit and grilled corns.
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, Nary included. The country's economic struggles always seem to affect the poor the most. In light of the country's economic difficulties, Nary is seeking to increase her income. She is asking for a loan of US $200 to purchase more various kinds of fruit to expand her sister's business. By doing so, she hopes she will be able to generate more income and raise a good standard of living.
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, Nary included. The country's economic struggles always seem to affect the poor the most. In light of the country's economic difficulties, Nary is seeking to increase her income. She is asking for a loan of US $200 to purchase more various kinds of fruit to expand her sister's business. By doing so, she hopes she will be able to generate more income and raise a good standard of living.
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Journal entries for Kak Lem Nary
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Loan has been disbursed
Location: Phnom Penh, Cambodia
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Posted by
from Phnom Penh, Cambodia
Aug 25, 2009 |
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Comment on this entry
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Repayment Schedule for Kak Lem Nary
Repayment Schedule for Kak Lem Nary
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2009 | $29.00 | $29.00 |  Repayment Received
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| December 2009 | $29.00 | $29.00 | Repayment Received
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| January 2010 | $29.00 | Available Jan 1 | |||
| February 2010 | $29.00 | Available Feb 1 | |||
| March 2010 | $29.00 | Available Mar 1 | |||
| April 2010 | $29.00 | Available Apr 1 | |||
| May 2010 | $26.00 | Available May 1 | |||
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