Sam Chhorn


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Sam Chhorn
Location: Prey Veng Province, Cambodia
Activity: Cereals

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase more rice to expand her inventory
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 15, 2007
Date Disbursed: Nov 29, 2007
Date Funded:Nov 15, 2007
Loan Ended:Jun 23, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:3,985.3500 KHR = 1 USD



Mrs. Sam Chhorn, age 62, lives with her husband and six children in Prey Veng province, Cambodia. She runs a stand in Phnom Penh city selling rice, making around $3 each day. Her husband owns a grinding mill and hires it to his neighbors, earning a meagre income. Two of her children work selling rice with her; two others run a store, and the rest attend school. Mrs. Sam Chhorn hopes to use this loan to purchase more rice to expand her inventory in order to meet the growing demands of her clients. (Mrs. Sam Chhorn with the black shirt is pictured with one of her daughters).

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Lenders to this entrepreneur

Connie
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Stein
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lorraine
hampstead, london
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Marianne
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Carol
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Geneva Girls
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Ratko
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Ann Elisbeth
hafslo, Sogn og Fjordane
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Glenna
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Alex
Newton, MA
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Anonymous
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Deborah
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Elizabeth
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Maci
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Jan
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Mary T
Strongsville, OH
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KhmerMBA
Chicago, IL
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Anonymous
Danshui, R.O.C., Taipei County
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Anonymous
Sandvika, -

Mark & Silvia
chicago, IL
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Anonymous
S. Portland, ME
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José and Barbara
ROSEVILLE, CA
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Charles
Greensburg, PA
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Adrienne
Hillsborough, CA
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Rosemary
San Francisco, CA
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Comedy on the Rox
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M-J
THE DALLES, OR
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World Wind Small Group
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Inger
Oslo,

Anonymous
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Anonymous
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Elin
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Journal entries for Sam Chhorn


Loan has been disbursed
 
Entrepreneur: Sam Chhorn
Location: Prey Veng Province, Cambodia

Thank you for your loan. It has been disbursed to Sam Chhorn 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 30, 2007
Comment on this entry

Journal Update.
 
Entrepreneur: Sam Chhorn
Location: Prey Veng Province, Cambodia

Sam Chhorn is an old mother and has business selling rice in her village. Her husband owns a grinding mill and he often hires it to his neighbor to earn an extra profit. To expand her inventory in order to meet the growing demands of her clients Mrs. Chhorn has requested a loan of $1000 to purchase rice in bulk.

She took out a loan of $1000 to purchase rice in bulk and the leftover is used to build a bigger stand. She has been pleased with the results of her investments and can see her business growing. With her increased profits, she has been able to support her children’s education and food for the family. She has been very pleased with her decision and is grateful for the ability to better support her family. She has no problems paying a loan back to Credit MFI and has no obstacle for her business, too.

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.


Posted by Vichet Ouch from Prey Veng Province, Cambodia
Aug 4, 2008
Comment on this entry

Kiva Help Repayment Schedule for Sam Chhorn

  Expected Repayments Actual Repayments Comments
February 2008 $55.56 $56.00 Repayment Received
March 2008 $55.56 $56.00 Repayment Received
April 2008 $55.56 $56.00 Repayment Received
May 2008 $55.56 $56.00 Repayment Received
June 2008 $55.56 $56.00 Repayment Received
July 2008 $55.56 $56.00 Repayment Received
August 2008 $55.56 $56.00 Repayment Received
September 2008 $55.56 $56.00 Repayment Received
October 2008 $55.56 $56.00 Repayment Received
November 2008 $55.56 $56.00 Repayment Received
December 2008 $55.56 $52.00 Repayment Received
January 2009 $55.56 $54.67 Repayment Received
February 2009 $55.56 $55.56 Repayment Received
March 2009 $55.56 $55.56 Repayment Received
April 2009 $55.56 $55.56 Repayment Received
May 2009 $55.56 $55.56 Repayment Received
June 2009 $55.56 $55.55 Repayment Received
July 2009 $55.48 $55.54 Repayment Received