Srey Ny Nuon

Status: Paid Back

$550.00		Loan Request
$550.00		Paid Back

About the Entrepreneur

Name:	Srey Ny Nuon
Location:	Khsach Kandal District, Cambodia
Activity:	Goods Distribution

About the Loan

Loan Amount:	$550.00
Loan Use:	To purchase finished silk products for her stock and resell.
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Nov 7, 2007
Date Disbursed:	Nov 21, 2007
Date Funded:	Nov 7, 2007
Loan Ended:	May 28, 2008

About the Field Partner

Field Partner:

MAXIMA Mikroheranhvatho Co., Ltd.

Field Partner Risk Rating:

(Learn more)

Active

29 months

2257

$1,340,300

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Cambodia
Avg Annual Income:	$2,600.00
Currency:	Cambodia Riels (KHR)
Exchange Rate:	4,009.1000 KHR = 1 USD

Mrs. Nuon Srey Ny married in 1987 and has one daughter. Besides weaving the silk herself, she is also in the business of buying and reselling silk products, which she started in 2004. Her daughter weaves silk at home as well. Her husband grows rice and plants vegetables in the village. He also weaves silk when he is free from his farming duties.

She has borrowed money from MAXIMA three times. Now, she is asking for a loan of $550. She will use this loan to purchase finished silk products for her stock and resell them in the market.

Lenders to this entrepreneur

Natasha
Melbourne
Australia

The Dunn Family

United States

Maya
Staunton, VA
United States

Anonymous
Seattle, WA
United States

Grant
San Francisco, CA
United States

Nadine
Eugene, OR
United States

Tom
Vancouver, WA
United States

Ms M's economics class
New South Wales
Australia

Francois
Montreal, Quebec
Canada

beHosting Family
Cleveland, OH
United States

Brian
Lawrence, KS
United States

Claus-Peter
www.kivafriends.org,
Germany

Journal entries for Srey Ny Nuon

Loan has been disbursed Entrepreneur: Srey Ny Nuon Location: Khsach Kandal District, Cambodia Thank you for your loan. It has been disbursed to Srey Ny Nuon 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 Nov 22, 2007
Comments (5)

Update on Srey Ny Nuon Entrepreneur: Srey Ny Nuon Location: Khsach Kandal District, Cambodia Mrs. Sreyny is a weaver as well as a buyer and seller of silk products. In November, 2007 she asked for a loan of $550 to purchase finished silk products for her stock and resell in the market. The loan can benefit her by two ways: (1) she could manage to buy silk and other material in a cheaper price and direct sell on credit to the weaver by promising to buy the finished product back, (2) she is able to buy finished silk product in a lower price because she buy in cash. At the end, she can find higher profit margin so that she can develop the household economic and has no difficulty to support the children to school. At the end she paid off the loan, but she still has some money left to reinvest in the business. She will ask for a loan again to expand the business.
Posted by Sive Chheng Sreng from Khsach Kandal District, Cambodia May 22, 2008
Comments (3)

Repayment Schedule for Srey Ny Nuon

Show Advanced

	Expected Repayments	Actual Repayments	Comments
February 2008	$45.83	$46.00	Repayment Received
March 2008	$45.83	$46.00	Repayment Received
April 2008	$45.83	$46.00	Repayment Received
May 2008	$45.83	$46.00	Repayment Received
June 2008	$45.83	$46.00	Repayment Received
July 2008	$45.83	$320.00	Repayment Received
August 2008	$45.83	$0.00	Repayment Received
September 2008	$45.83	$0.00	Repayment Received
October 2008	$45.83	$0.00	Repayment Received
November 2008	$45.83	$0.00	Repayment Received
December 2008	$45.83	$0.00	Repayment Received
January 2009	$45.87	$0.00	Repayment Received