Thun Mun


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Thun Mun
Location: Phnom Penh City, Cambodia
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $1,000.00
Loan Use: Thun would like to repair her home for renting out rooms.
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 15, 2007
Date Disbursed: Aug 30, 2007
Date Funded:Aug 16, 2007
Loan Ended:Jun 30, 2008

About the Country

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



Mrs. Thun Mun is 59 years old and lives with her husband and their child in Phnom Penh. She works both selling brooms and renting rooms of the family's home. Her husband helps with renting rooms, and their family income is around $8/day. This loan will be used for Mrs. Thun Mun to repair her home so they can continue renting out rooms. She hopes to continue with this business in the future because affordable room rentals are in high demand in Cambodia.



About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Journal entries for Thun Mun


Loan has been disbursed
 
Entrepreneur: Thun Mun
Location: Phnom Penh City, Cambodia

Thank you for your loan. It has been disbursed to Thun Mun by CREDIT MFI -- World Relief in Cambodia. We are excited to watch this business grow. Over the next 10 - 16 months, CREDIT MFI -- World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Phnom Penh City, Cambodia
Aug 31, 2007
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Kiva Journal Update for Thun Mun
 
Entrepreneur: Thun Mun
Location: Phnom Penh City, Cambodia

Mrs. Thun Mun lives in Phnom Penh, Cambodia with her large family. She runs a business producing brooms and also rents out extra rooms in her house to nearby garment workers. With this Kiva loan Mrs. Thun repaired and upgraded these rooms as well as to purchase more groceries to sell from her house-front store. With the repairs she is now able to rent the rooms from $20-25, up from $15 before. Her entire family, including her adult children, their spouses and children, lives together with her so that they can rent out the rooms from their respective houses. Mrs. Thun has plans of continuing to expand their rental property, and would like to save enough money to build more rooms.

Thun Mun is pictured here with one of her sons.


Posted by Isadora Tang from Phnom Penh City, Cambodia
Jun 9, 2008
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Kiva Help Repayment Schedule for Thun Mun

  Expected Repayments Actual Repayments Comments
November 2007 $100.00 $100.00 Repayment Received
December 2007 $100.00 $100.00 Repayment Received
January 2008 $100.00 $100.00 Repayment Received
February 2008 $100.00 $100.00 Repayment Received
March 2008 $100.00 $100.00 Repayment Received
April 2008 $100.00 $100.00 Repayment Received
May 2008 $100.00 $100.00 Repayment Received
June 2008 $100.00 $100.00 Repayment Received
July 2008 $100.00 $100.00 Repayment Received
August 2008 $100.00 $100.00 Repayment Received