Siem Seng Chim


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Siem Seng Chim
Location: Khsach Kandal District, Cambodia
Activity: Weaving

About the Loan

Loan Amount: $500.00
Loan Use: Purchasing silk materials, sewing thread, fees for selecting and preparing silk for her & daughter’s looms.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 12, 2007
Date Disbursed: Sep 26, 2007
Date Funded:Sep 12, 2007
Loan Ended:May 9, 2008

About the Country

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



Mrs. CHIM Siem Seng was married in 1980 and has 4 children, 3 sons and 1 daughter. She learned to weave silk from her neighbor in 2002. She has also trained her eldest daughter to weave and now they weave silk at home together. Her husband grows rice and plants vegetables in the same village.

She has borrowed money from MAXIMA four times already. Now she is asking for a loan of $500. She will use this loan to purchase silk materials, sewing thread, fees for selecting and preparing silk for her and her daughter’s looms.

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Journal entries for Siem Seng Chim


Loan has been disbursed
 
Entrepreneur: Siem Seng Chim
Location: Khsach Kandal District, Cambodia

Thank you for your loan. It has been disbursed to Siem Seng Chim by MAXIMA Mikroheranhvatho Co., Ltd. in Cambodia. We are excited to watch this business grow. Over the next 12 - 18 months, MAXIMA Mikroheranhvatho Co., Ltd. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Khsach Kandal District, Cambodia
Sep 26, 2007
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Update on Siem Seng Chim
 
Entrepreneur: Siem Seng Chim
Location: Khsach Kandal District, Cambodia

Mrs. Siemseng, a weaver, was married in 1980. She applied of a loan of $500 to buy silk material, sewing thread, fees for selecting and preparing silk for her and her daughter’s looms in September, 2007.

The result from funding the loan is that she has enough ability to purchase silk and other material necessary for weaving by her own money because she has able to save some profit since the fist cycle.

She bought a TV, radio for the family and she is also saving money in livestock and gold as well. Seimseng paid off the fifth cycle already. However, she still needs to borrow again soon, because she wants to build a new house for the family.


Posted by Sive Chheng Sreng from Khsach Kandal District, Cambodia
May 9, 2008
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Kiva Help Repayment Schedule for Siem Seng Chim

  Expected Repayments Actual Repayments Comments
December 2007 $41.67 $42.00 Repayment Received
January 2008 $41.67 $42.00 Repayment Received
February 2008 $41.67 $42.00 Repayment Received
March 2008 $41.67 $42.00 Repayment Received
April 2008 $41.67 $42.00 Repayment Received
May 2008 $41.67 $42.00 Repayment Received
June 2008 $41.67 $42.00 Repayment Received
July 2008 $41.67 $206.00 Repayment Received
August 2008 $41.67 $0.00 Repayment Received
September 2008 $41.67 $0.00 Repayment Received
October 2008 $41.67 $0.00 Repayment Received
November 2008 $41.63 $0.00 Repayment Received