Phen Vandy


Status: Paid Back

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

About the Entrepreneur

Name: Phen Vandy
Location: Kampong Cham Province, Cambodia
Activity: Utilities

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase a battery charging machine to operate a battery charging business.
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 29, 2007
Date Disbursed: Nov 13, 2007
Date Funded:Oct 30, 2007
Loan Ended:Jun 15, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:3,992.2000 KHR = 1 USD



Mrs. Phen Vandy, aged 51, rears pigs and sells the piglets in the market. Her husband works as a horse-cart driver, transporting passengers and cargo around the neighbourhood, earning around $4.20 per day. They have one child who helps his mother raise pigs.


Mrs Verdy would like to request a loan of $1,200 in order to purchase a machine to charge batteries, such as vehicle batteries. The increased income generated by fees charged for the use of the machine will help her family financially and raise their standard of living.


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Lenders to this entrepreneur

Danielle
Huy,
Belgium

David
San Jose, CA
United States

David & Tara
Gaithersburg, Maryland
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Liz
San Francisco, CA
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Anonymous

Martin
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Marc
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Steve
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Bret
Hollywood, California
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Evelyn
Edmonds, WA
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Yann
Voisins-le-Bretonneux,
France

Pablo
San Francisco, CA
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Gary Mc
Tucson, AZ
Antarctica

Michael
Sarasota, FL
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Susan
Elmira, NY
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Kris
Hutchinson, KS
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andy joe
San Francisco, CA
United States

Robert
Manchester, Greater Manchester
United Kingdom

Jerry
Reading, PA
United States

CHARLIE
port hope, Ontario
Canada

Carolyne
Colts Neck, NJ
United States

Julia
San Francisco, CA
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Silva
Amsterdam,
Netherlands

Anonymous
Kimberley, BC
Canada

Gus
Skokie, IL
United States

Danny
Buena Park, CA
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Karen & Ron
Denver, NC
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gary
SF, CA
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Barry & Jeannie
Calgary, Alberta
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Susan
Antioch, IL
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Natalie
Los Angeles, CA
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Journal entries for Phen Vandy


Loan has been disbursed
 
Entrepreneur: Phen Vandy
Location: Kampong Cham Province, Cambodia

Thank you for your loan. It has been disbursed to Phen Vandy 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 Kampong Cham Province, Cambodia
Nov 14, 2007
Comment on this entry

Journal Update.
 
Entrepreneur: Phen Vandy
Location: Kampong Cham Province, Cambodia

Mrs. Phen Vandy, aged 52, raises pigs and sells the piglets in the market. Her husband works as a horse-cart driver, transporting passengers and cargo around the neighborhood, earning around $4.20 per day. They have one child who helps his mother raise pigs.

Phen Vandy took out a loan of US$1200 on Oct 2007 to purchase a generator to have a business charging batteries. People living in the remote area they mostly depend on the batteries to power their lighting, television and radio. She has been very pleased with the results and can see her business growing forward. She can earn around US$4 in revenue each day from charging batteries. She is very happy with the loan and would like to say thanks to all lenders who help her business. She has no problems paying loan back to Credit MFI.

Again, she states that the loan is very useful as it is provide a chance to all poor entrepreneurs to start and sustain their businesses. Finally, she would like to say thanks to all lenders for interest helping Cambodian entrepreneurs like her family.

CREDIT MFI is an independent Cambodian faith-based organization. It aims to empower the economically active poor and small entrepreneurs by providing inclusive financial services.


Posted by Vichet Ouch from Kampong Cham Province, Cambodia
Nov 5, 2008
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Kiva Help Repayment Schedule for Phen Vandy

  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