Kong Saren


Status: Paying Back

$725.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Kong Saren
Location: Kampong Chhnang Province, Cambodia
Activity: Furniture Making

About the Loan

Loan Amount: $725.00
Loan Use: To purchase extra carpentry materials
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 8, 2009
Date Disbursed: Oct 22, 2009
Date Funded:Nov 8, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,155.0000 KHR = 1 USD



Mr. Kong Saren is a widower caring for two teenage children. Kong Saren is currently a local carpenter who makes tables, chairs, and cupboards for sale. He sells furniture to the customer after he finishes making it. Almost all of his clients need to wait a few weeks. Kong Saren has operated his business for a long time, but he still needs some materials. Kong Saren is pursuing a loan to purchase extra carpentry materials to better supply the good service he provides.

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Journal entries for Kong Saren


Loan has been disbursed
 
Entrepreneur: Kong Saren
Location: Kampong Chhnang Province, Cambodia

Thank you for your loan. It has been disbursed to Kong Saren by Hattha Kaksekar Limited (HKL), a partner of Save the Children in Cambodia. We are excited to watch this business grow. Over the 12 months of this loan, Hattha Kaksekar Limited (HKL), a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kampong Chhnang Province, Cambodia
Nov 9, 2009
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Kiva Help Repayment Schedule for Kong Saren

  Expected Repayments Actual Repayments Comments
January 2010 $60.42 Available Jan 1  
February 2010 $60.41 Available Feb 1  
March 2010 $60.42 Available Mar 1  
April 2010 $60.42 Available Apr 1  
May 2010 $60.41 Available May 1  
June 2010 $60.42 Available Jun 1  
July 2010 $60.42 Available Jul 1  
August 2010 $60.41 Available Aug 1  
September 2010 $60.42 Available Sep 1  
October 2010 $60.42 Available Oct 1  
November 2010 $60.41 Available Nov 1  
December 2010 $60.42 Available Dec 1