Hech Nuth


Status: Paying Back

$500.00   Loan Amount
11% repaid

About the Entrepreneur

Name: Hech Nuth
Location: Takeo Province, Cambodia
Activity: Food Production/Sales

About the Loan

Loan Amount: $500.00
Loan Use: Buy a motorbike and its trailer
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 26, 2009
Date Disbursed: Aug 20, 2009
Date Funded:Aug 26, 2009

About the Country

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



Hech Nuth, age 23, is married and has a young child. She lives with her husband and her child in the Takeo province. She is engaged in a business of selling Cambodian traditional cakes made from palm fruit, earning approximately $3 per day. Her husband is employed in a private club in the city, earning an income of $2 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, Nuth included. The country's economic struggles always seem to affect the poor the most. In light of the country's economic difficulties, Nuth is seeking to increase her income. She is asking for a loan of $500 to purchase a motorbike and its trailer to transport her cakes to sell in the village and other nearby places. By doing so, she hopes she will be able to generate more income and save more money to raise a good standard of living.

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Journal entries for Hech Nuth


Loan has been disbursed
 
Entrepreneur: Hech Nuth
Location: Takeo Province, Cambodia

Thank you for your loan. It has been disbursed to Hech Nuth 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 27, 2009
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Kiva Help Repayment Schedule for Hech Nuth

  Expected Repayments Actual Repayments Comments
November 2009 $28.00 $28.00 Repayment Received
December 2009 $28.00 $28.00 Repayment Received
January 2010 $28.00 Available Jan 1  
February 2010 $28.00 Available Feb 1  
March 2010 $28.00 Available Mar 1  
April 2010 $28.00 Available Apr 1  
May 2010 $28.00 Available May 1  
June 2010 $28.00 Available Jun 1  
July 2010 $28.00 Available Jul 1  
August 2010 $28.00 Available Aug 1  
September 2010 $28.00 Available Sep 1  
October 2010 $28.00 Available Oct 1  
November 2010 $28.00 Available Nov 1  
December 2010 $28.00 Available Dec 1  
January 2011 $28.00 Available Jan 1  
February 2011 $28.00 Available Feb 1  
March 2011 $28.00 Available Mar 1  
April 2011 $24.00 Available Apr 1