Chen Park
Status: Paying Back
| $1,200.00 | Loan Amount |
|---|
About the Entrepreneur
| Name: | Chen Park |
|---|---|
| Location: | Takeo Province, Cambodia |
| Activity: | Crafts |
About the Loan
| Loan Amount: | $1,200.00 |
|---|---|
| Loan Use: | To buy materials to make brooms. |
| Repayment Term: | 20 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Oct 23, 2009 |
| Date Disbursed: | Sep 24, 2009 |
| Date Funded: | Oct 23, 2009 |
About the Field Partner
About the Field Partner
|
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| Field Partner: | CREDIT, a partner of World Relief |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 42 months |
| Kiva Entrepreneurs: | 4814 |
| Total Loans: | $3,619,450 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Cambodia |
|---|---|
| Avg Annual Income: | $2,600.00 |
| Currency: | United States Dollars (USD) |
Chen Park is a 45 year-old widow who has a business selling brooms at the local market of Takeo province. She has three children who stay at home making brooms for her to sell. The brooms are made from a kind of long grass that grows in the forest. She earns approximately $4 each day.
Chen learned how to make brooms from her neighbors and started her business in 2004. She told to a loan officer that every month she needs to spend around $45 on food and $5 on utilities. She is asking for a loan from Kiva's local partner Credit to purchase the long grass in bulk. This will save money and allow her to increase the number of brooms she can make and sell.
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Journal entries for Chen Park
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Loan has been disbursed
Location: Takeo Province, Cambodia
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Posted by
from Takeo Province, Cambodia
Oct 24, 2009 |
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Comment on this entry
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Repayment Schedule for Chen Park
Repayment Schedule for Chen Park
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $67.00 | $134.00 |  Repayment Received
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| January 2010 | $67.00 | Available Jan 1 | Repayment Received
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| February 2010 | $67.00 | Available Feb 1 | |||
| March 2010 | $67.00 | Available Mar 1 | |||
| April 2010 | $67.00 | Available Apr 1 | |||
| May 2010 | $67.00 | Available May 1 | |||
| June 2010 | $67.00 | Available Jun 1 | |||
| July 2010 | $67.00 | Available Jul 1 | |||
| August 2010 | $67.00 | Available Aug 1 | |||
| September 2010 | $67.00 | Available Sep 1 | |||
| October 2010 | $67.00 | Available Oct 1 | |||
| November 2010 | $67.00 | Available Nov 1 | |||
| December 2010 | $67.00 | Available Dec 1 | |||
| January 2011 | $67.00 | Available Jan 1 | |||
| February 2011 | $67.00 | Available Feb 1 | |||
| March 2011 | $67.00 | Available Mar 1 | |||
| April 2011 | $67.00 | Available Apr 1 | |||
| May 2011 | $61.00 | Available May 1 | |||
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