Pheng Sreng

Status: Paid Back

$700.00		Loan Request
$700.00		Paid Back

About the Entrepreneur

Name:	Pheng Sreng
Location:	Prey Veng Province, Cambodia
Activity:	Motorcycle Transport

About the Loan

Loan Amount:	$700.00
Loan Use:	To purchase a motor-bike for one of her brothers to operate a motor-taxi business.
Repayment Term:	18 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Nov 29, 2007
Date Disbursed:	Dec 14, 2007
Date Funded:	Nov 30, 2007
Loan Ended:	Apr 15, 2009

About the Field Partner

Field Partner:

CREDIT, a partner of World Relief

Field Partner Risk Rating:

(Learn more)

Active

42 months

4814

$3,619,450

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:	3,985.3500 KHR = 1 USD

Mrs. Pheng Sreng, 40, is a widow and lives with her two kids in Prey Veng province, Cambodia. She runs a stand in front of a garment factory, selling rice and various kinds of Khmer food to the large number of garment-workers passing by. She can typically earn around $3 per day of profit. One of her children is currently enrolled in school and the other works helping her cook. Mrs. Pheng Sreng hopes to use this loan to purchase a motor-bike for one of her brothers, who is living with her, to operate a motor-taxi which would enable him to generate more profits for their household.

Lenders to this entrepreneur

Parker
Westwood, MA
United States

Matt, Suki, & Juno
Columbus, OH
United States

Julie
Merritt Island, FL
United States

Seánan
Blackheath, London
United Kingdom

Tracey
Calgary, Alberta
Canada

Mustafa&Evrin
Kirkland, WA
United States

Ryo
Lafayette, IN
United States

Christina and Michael
Hacienda Heights, CA
United States

Tristan
San Francisco, CA
United States

Anonymous
Sacramento, CA
United States

Alan
Santa Clara, CA
United States

The James Gang
Phoenix, AZ
United States

Sarah
Wellington, New Zealand
New Zealand

Terry
Tucson, AZ
United States

Kristy

Tammy
Springfield, MO
United States

Karen
Ouray, CO
United States

Jonathan
Smithfield, NC
United States

Rosalind
Santa Rosa, CA
United States

Dennis & Christina
Tampa, FL
United States

Dirk L.

Germany

Linda
Sylvan Lake, Alberta
Canada

Journal entries for Pheng Sreng

Loan has been disbursed Entrepreneur: Pheng Sreng Location: Prey Veng Province, Cambodia Thank you for your loan. It has been disbursed to Pheng Sreng by CREDIT MFI -- World Relief in Cambodia. We are excited to watch this business grow. Over the next 15 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 Dec 14, 2007
Comment on this entry

Journal Update. Entrepreneur: Pheng Sreng Location: Prey Veng Province, Cambodia Pheng Sreng is a widow and lives with two of her children and her younger brother at Prey Veng province, Cambodia. Before, she has business selling rice and foods in front of garment factory but because of this works is too hard and makes less profit to support the family she decided to switch to another one, selling grocery. Selling foods make her busy, for example, woke up early and cooked so many foods to sacrifice her customer. Regarding to a loan, she had used this money to purchase a motorbike for her younger brother to runs a moto-taxi. On average, he earns around $4 per day. Mrs. Pheng Sreng has no problems paying back a loan to Credit MFI and in the future she wants to expand her store, selling grocery. I, Kiva coordinator, Vichet Ouch, would like to say thanks to all lenders for interest helping Cambodian entrepreneurs like Pheng Sreng and sustain her business.
Posted by Vichet Ouch from Prey Veng Province, Cambodia Jul 20, 2008
Comments (2)

Repayment Schedule for Pheng Sreng

Show Advanced

	Expected Repayments	Actual Repayments	Comments
March 2008	$46.67	$47.00	Repayment Received
April 2008	$46.67	$47.00	Repayment Received
May 2008	$46.67	$47.00	Repayment Received
June 2008	$46.67	$47.00	Repayment Received
July 2008	$46.67	$47.00	Repayment Received
August 2008	$46.67	$47.00	Repayment Received
September 2008	$46.67	$47.00	Repayment Received
October 2008	$46.67	$47.00	Repayment Received
November 2008	$46.67	$47.00	Repayment Received
December 2008	$46.67	$47.00	Repayment Received
January 2009	$46.67	$43.33	Repayment Received
February 2009	$46.67	$46.67	Repayment Received
March 2009	$46.67	$46.67	Repayment Received
April 2009	$46.67	$46.67	Repayment Received
May 2009	$46.62	$46.66	Repayment Received