Chy Hoeun


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Chy Hoeun
Location: Prey Veng Province, Cambodia
Activity: Farming

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase rice, seeds, beans, and fertilizer
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 25, 2007
Date Disbursed: Nov 9, 2007
Date Funded:Oct 26, 2007
Loan Ended:Jun 15, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:3,995.0000 KHR = 1 USD



Mrs. Chy Hoeun, age 50, works with her husband on their farmland to grow and sell rice, crops, beans, and vegetables, earning about $2 each day. They have seven children: some who are farmers and some who are students. She would like to request a loan of $1200 in order to purchase rice, seeds, beans, and fertilizer to expand their crops yields and therefore increase their revenue. They plan to use the resulting income to reinvest in their farm and help finance their children’s education.

Subscribe

Lenders to this entrepreneur

Eve_Rosalinn
Camarillo, CA
Ireland

Laurence
Antibes,
France

Andy
Hitchin, Herts
United Kingdom

Melissa
Washington, DC
United States

Catriona
Tayport, Fife
United Kingdom

Onashka
San Antonio, TX
United States

Ulrich
Roma, Italy
Italy

Marcia
Cummington, MA
United States

Ram
Chesterfield, MO
United States

Kimberly
Ulaanbaatar,
Mongolia

Tisha
Ypsilanti, MI
United States

Anonymous
Salt Lake City, UT
United States

Catherine
Cambridge, Ontario
Canada

Anonymous
Tucson, AZ
United States

lou
bethesda, MD
United States

Matthew
Boca Raton, FL
United States

judy
huntington beach, CA
United States

Robert
Rancho Cucamonga, CA
United States

Matthew
Charlotte, NC
United States

Lycka
Billdal,

David
Yardville, NJ
United States

Derek
Brisbane, Queensland
Australia

Tyler & Bruno
Pawnee, IL
United States

Linda
Waxahachie, TX
United States

Sharon & Brent
Germantown, TN
United States

Heather
Roswell, GA
United States

Lynne
Ottawa, Ontario
Canada

Elaine
Cambridge, MA
United States



Journal entries for Chy Hoeun


Loan has been disbursed
 
Entrepreneur: Chy Hoeun
Location: Prey Veng Province, Cambodia

Thank you for your loan. It has been disbursed to Chy Hoeun by CREDIT MFI -- World Relief in Cambodia. We are excited to watch this business grow. Over the next 18 - 24 months, CREDIT MFI -- World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Prey Veng Province, Cambodia
Nov 10, 2007
Comment on this entry

Journal Update
 
Entrepreneur: Chy Hoeun
Location: Prey Veng Province, Cambodia

Chy Hoeun took out a loan of US$1200 to purchase rice, seeds, beans, and fertilizer to increase her crop yields. She has been pleased with the results of her investments and can see her business growing. She has been able to purchase the farming supplies for her business as she planned and she currently makes US$5 each day in the market. With her increased profits, she has been able to purchase gas and food to support her family and she is very happy with the standard of living improvements.

Chy Hoeun first heard about CREDIT through a promotion event in her area and has been very pleased with the low interest rate and long loan terms. She had never taken out a loan before, but has been very pleased with the quality financial assistance and friendly service that she has received from CREDIT. Flooding has been the biggest concern for her farm, because it is the difficult rainy season now, but she has been prompt in her loan repayments.

She would like to see her business expanded and her income continue to increase in the future, but as for now, she doesn't have any plans to take out another loan. After this loan is fully repaid, she will reevaluate her business and determine what her next step should be. She looks forward to the opportunities provided by this loan and has been very pleased so far.

Thank you so much for your generosity and kindness toward Chy Hoeun and her family. CREDIT appreciates your help and looks forward to partnering with you again in the future to continue to provide quality financial services to Cambodia's poor entrepreneurs.


Posted by Mark Schmeissing from Prey Veng Province, Cambodia
Jul 21, 2008
Comments (1)

Kiva Help Repayment Schedule for Chy Hoeun

  Expected Repayments Actual Repayments Comments
February 2008 $66.67 $67.00 Repayment Received
March 2008 $66.67 $67.00 Repayment Received
April 2008 $66.67 $67.00 Repayment Received
May 2008 $66.67 $67.00 Repayment Received
June 2008 $66.67 $67.00 Repayment Received
July 2008 $66.67 $67.00 Repayment Received
August 2008 $66.67 $67.00 Repayment Received
September 2008 $66.67 $67.00 Repayment Received
October 2008 $66.67 $67.00 Repayment Received
November 2008 $66.67 $67.00 Repayment Received
December 2008 $66.67 $67.00 Repayment Received
January 2009 $66.67 $63.00 Repayment Received
February 2009 $66.67 $66.67 Repayment Received
March 2009 $66.67 $66.67 Repayment Received
April 2009 $66.67 $66.67 Repayment Received
May 2009 $66.67 $66.67 Repayment Received
June 2009 $66.67 $66.66 Repayment Received
July 2009 $66.61 $66.66 Repayment Received