Sophat Khum

Status: Paid Back

$100.00		Loan Request
$100.00		Paid Back

About the Entrepreneur

Name:	Sophat Khum
Location:	Khsach Kandal District, Cambodia
Activity:	Weaving

About the Loan

Loan Amount:	$100.00
Loan Use:	Purchasing silk materials and sewing thread
Repayment Term:	15 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Nov 22, 2007
Date Disbursed:	Dec 6, 2007
Date Funded:	Nov 22, 2007
Loan Ended:	Sep 24, 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:	3,959.3500 KHR = 1 USD

Mrs. Sophat Khum married in 1999 and has three sons. She learned to weave silk from a neighboring villager in 1987 and started her silk production in the same year. Her husband is a construction worker and is currently doing farming, raising animals, and also driving a horse cart when he has enough time. They both did not finish high school. Sophat and her husband try to work hard for a bright future for their children.

Mrs. Sophat Khum has borrowed money from MAXIMA four times already. Now she is asking for a loan in the amount of US$ 100. She will use this loan to purchase silk materials and sewing thread.

Lenders to this entrepreneur

Donna
Kingman, AZ
United States

Liz
Baton Rouge, LA
United States

Shirley
Lawrenceville, GA
United States

Kaytlyn
Bellevue, WA
United States

Journal entries for Sophat Khum

Loan has been disbursed Entrepreneur: Sophat Khum Location: Khsach Kandal District, Cambodia Thank you for your loan. It has been disbursed to Sophat Khum by MAXIMA Mikroheranhvatho Co., Ltd. in Cambodia. We are excited to watch this business grow. Over the next 12 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 Dec 7, 2007
Comment on this entry

Update on Sophat Khum Entrepreneur: Sophat Khum Location: Khsach Kandal District, Cambodia In November, 2007 Mrs. Sophat, a weaver, asked for a loan of $100 to purchase silk material, sewing thread and pay fees for selecting and preparing silk on the looms. So, she could afford silk and other material in a cheaper price and generate more profit because she bought and sold in cash. She uses her current income to pay for food, battery charge, water fee and other family activities as well as reinvest in the weaving business. The children, on the other hand, are going to school everyday because Sophat and her husband now can get a better income to support them. The family’s payment is on schedule as in June, 2008
Posted by Sive Chheng Sreng from Khsach Kandal District, Cambodia Jun 17, 2008
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Update on Sophat Khum Entrepreneur: Sophat Khum Location: Khsach Kandal District, Cambodia Mrs. Sophat has paid off the loan and she would like to say thank you to all the lenders from oversea who willing to share their valuable income to increase her living standard by giving her a loan through MAXIMA. Sophat planed to borrow again soon.
Posted by Sive Chheng Sreng from Khsach Kandal District, Cambodia Sep 23, 2008
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Repayment Schedule for Sophat Khum

Show Advanced

	Expected Repayments	Actual Repayments	Comments
March 2008	$8.33	$9.00	Repayment Received
April 2008	$8.33	$9.00	Repayment Received
May 2008	$8.33	$9.00	Repayment Received
June 2008	$8.33	$9.00	Repayment Received
July 2008	$8.33	$9.00	Repayment Received
August 2008	$8.33	$9.00	Repayment Received
September 2008	$8.33	$9.00	Repayment Received
October 2008	$8.33	$9.00	Repayment Received
November 2008	$8.33	$28.00	Repayment Received
December 2008	$8.33	$0.00	Repayment Received
January 2009	$8.33	$0.00	Repayment Received
February 2009	$8.37	$0.00	Repayment Received