Lung Bora


Status: Paying Back

$800.00   Loan Amount
5% repaid

About the Entrepreneur

Name: Lung Bora
Location: Batambong, Cambodia
Activity: Motorcycle Transport

About the Loan

Loan Amount: $800.00
Loan Use: buy a gas-efficient motorbike
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 25, 2009
Date Disbursed: Sep 8, 2009
Date Funded:Oct 3, 2009

About the Country

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



Lung Bora is married with two children. He lives with his wife in Battambong Province. To make a living, he operates his motor taxi in the town and other nearby markets, typically earning US $6 per day. His wife is involved in a business of selling vegetables at the market, earning an income of US $9 per day. Both of them have to work hard every day to ensure a good living for the family and especially the children.



Therefore, Bora is seeking to increase his income and improve his business. He is asking for a loan of US $800 to purchase a new motorbike which will consume less gasoline and be efficient enough to generate a better income. By doing so, he believes that he will be able to manage a good standard of living for his family.


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Journal entries for Lung Bora


Loan has been disbursed
 
Entrepreneur: Lung Bora
Location: Batambong, Cambodia

Thank you for your loan. It has been disbursed to Lung Bora 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 Batambong, Cambodia
Oct 4, 2009
Comments (1)

Kiva Help Repayment Schedule for Lung Bora

  Expected Repayments Actual Repayments Comments
December 2009 $44.00 $44.00 Repayment Received
January 2010 $44.00 Available Jan 1  
February 2010 $44.00 Available Feb 1  
March 2010 $44.00 Available Mar 1  
April 2010 $44.00 Available Apr 1  
May 2010 $44.00 Available May 1  
June 2010 $44.00 Available Jun 1  
July 2010 $44.00 Available Jul 1  
August 2010 $44.00 Available Aug 1  
September 2010 $44.00 Available Sep 1  
October 2010 $44.00 Available Oct 1  
November 2010 $44.00 Available Nov 1  
December 2010 $44.00 Available Dec 1  
January 2011 $44.00 Available Jan 1  
February 2011 $44.00 Available Feb 1  
March 2011 $44.00 Available Mar 1  
April 2011 $44.00 Available Apr 1  
May 2011 $52.00 Available May 1