Solat Soun


Status: Paid Back

$400.00   Loan Request
$400.00   Paid Back

About the Entrepreneur

Name: Solat Soun
Location: Kean Svay District, Cambodia
Activity: Food

About the Loan

Loan Amount: $400.00
Loan Use: to purchase additional flowers and bananas to sell to expand her business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 12, 2007
Date Disbursed: Nov 26, 2007
Date Funded:Nov 12, 2007
Loan Ended:Jun 8, 2008

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,011.7500 KHR = 1 USD



Mrs. Soun Solat was married in 1979 and has six children, three sons and three daughters. Soon after she was married she and her husband started their business, planting and selling flowers. Her husband also plants bananas and other food crops which they sell in the market. Four of their six children still live in the family home, of which three help selling flowers and bananas at the market, whilst the youngest is still studying at the local school.

Soun Solat has borrowed money from MAXIMA four times previously. She is now asking for a loan of $400, which she will use to purchase additional flowers and bananas in order to expand her business.

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Lenders to this entrepreneur

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Emily
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Josh, Sav, Clark & Walt
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Marcia
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Rhonda
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donna
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Anonymous
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Journal entries for Solat Soun


Loan has been disbursed
 
Entrepreneur: Solat Soun
Location: Kean Svay District, Cambodia

Thank you for your loan. It has been disbursed to Solat Soun 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 Kean Svay District, Cambodia
Nov 27, 2007
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Update on Solat Soun
 
Entrepreneur: Solat Soun
Location: Kean Svay District, Cambodia

Mrs. Solat sells flowers and bananas at the market everyday. So that she have planned to expand this business that why in November, 2007 she decided to borrow $400 loan amount to buy more flower and bananas to sell in the market.

She is currently generating more profit because she has more flower and bananas to sell. Her previous paying on principal and interest has no found any problems or difficulties, but she has also saved some money.


Posted by Sive Chheng Sreng from Kean Svay District, Cambodia
May 9, 2008
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Update on Solat Soun
 
Entrepreneur: Solat Soun
Location: Kean Svay District, Cambodia

Mrs. Solat got a loan of $400 to purchase additional flowers and bananas to sell. She has paid off already so far and her living standard has increased since she borrowed in the first time. She wishes to borrow again next time.


Posted by Sive Chheng Sreng from Kean Svay District, Cambodia
Jun 8, 2008
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Kiva Help Repayment Schedule for Solat Soun

  Expected Repayments Actual Repayments Comments
February 2008 $33.33 $34.00 Repayment Received
March 2008 $33.33 $34.00 Repayment Received
April 2008 $33.33 $34.00 Repayment Received
May 2008 $33.33 $34.00 Repayment Received
June 2008 $33.33 $34.00 Repayment Received
July 2008 $33.33 $34.00 Repayment Received
August 2008 $33.33 $196.00 Repayment Received
September 2008 $33.33 $0.00 Repayment Received
October 2008 $33.33 $0.00 Repayment Received
November 2008 $33.33 $0.00 Repayment Received
December 2008 $33.33 $0.00 Repayment Received
January 2009 $33.37 $0.00 Repayment Received