Oeun Choy

Status: Paid Back

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

About the Entrepreneur

Name:	Oeun Choy
Location:	Khsach Kandal District, Cambodia
Activity:	Carpentry

About the Loan

Loan Amount:	$1,000.00
Loan Use:	To help her son purchase tools and materials to expand his carpentry business
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Dec 5, 2007
Date Disbursed:	Dec 19, 2007
Date Funded:	Dec 5, 2007
Loan Ended:	May 2, 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:	United States Dollars (USD)

Mrs. Oeun Choy (age 58) and her family live in a small village across the Mekong River about fifteen kilometers north of Phnom Penh. Oeun and her husband (age 62) have been married since 1971. They have five children, the youngest of whom still studies in high school in the village.

Oeun is requesting this, her first loan with Maxima, to help her son expand his carpentry business in Phnom Penh. He learned his building skills from his father. (See photo for Oeun, husband and one, shy granddaughter.) He has been working at this business for three years.

Oeun's and her husband’s house could be a model of cottage industry. In addition to taking care of the home, Oeun weaves cloth, something she has been doing since she was fifteen years old. Her husband still does construction, repairs, fills motorbike and bicycle tires, and re-charges auto batteries (for electrical use in homes and on farms). Oeun expressed hope that, with this loan, her son will be able to continue to expand his business in the city.

Lenders to this entrepreneur

KEITH
BURNABY, British Columbia
Canada

Betty
West Newton, MA
United States

nathan
indianapolis, IN
United States

Brian & Susan
Seattle, WA
United States

Elston
Chapel Hill, NC
United States

Mark
San Francisco, CA
United States

Brandi
Virginia Beach, VA
United States

Clear Light Digital
St Kilda, Victoria
Australia

Anonymous
seattle, WA
United States

Al J.
Plymouth, MI
United States

Anonymous
Macon, GA
United States

Cornelia
Brooklyn, NY
United States

Daragh J. Farrell
Dulwich Hill, New South Wales
Australia

John
Niagara Falls, Ontario
Canada

Glenn
Toledo, OR
United States

Johanna
New York, NY
United States

Patricia
Vancouver, British Columbia
Canada

Joe
Beaverton, OR
United States

Robinson

Duc & Nguyet
Irvine, CA
United States

Anonymous
Aurora, Ontario
Canada

Anonymous
Largo, FL
United States

Lending Hands
Tallahassee, FL
United States

Bruce
Orinda, CA
United States

mary-dell
Winter Park, FL
United States

Fern & Louise

Barry
Marietta, GA
United States

Girl Power loan club
los angeles, CA
United States

Ian & Janie
Langley, British Columbia
Canada

Magical Jane & Rob
Mississauga, Ontario
Canada

Werner
Moore, SC
United States

Roma
San Carlos, CA
United States

Clare & Andrew
Darnestown, MD
United States

Tim & Meg
Herndon, VA
United States

Journal entries for Oeun Choy

Loan has been disbursed Entrepreneur: Oeun Choy Location: Khsach Kandal District, Cambodia Thank you for your loan. It has been disbursed to Oeun Choy 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 20, 2007
Comment on this entry

Update on Oeun Choy Entrepreneur: Oeun Choy Location: Khsach Kandal District, Cambodia Mrs. Oeun Choy (age 58) who is weaving silk at home requested for a loan of $1,000 to help her son expands his carpentry business in Phnom Penh City. Her son was able to buy more glass, steel, and some other tools by the loan to supply the customers who need them to decorate their house or store. So, her son’s business really attracts more customers that results to higher profit and market share. The kind of business is growing and very popular in the city due to Cambodia’s economic is growing a bit faster which is able for the people to earn more money and build new houses. She finally just paid off and asking for it again next month.
Posted by Sive Chheng Sreng from Khsach Kandal District, Cambodia May 2, 2008
Comment on this entry

Repayment Schedule for Oeun Choy

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	Expected Repayments	Actual Repayments	Comments
March 2008	$83.33	$84.00	Repayment Received
April 2008	$83.33	$84.00	Repayment Received
May 2008	$83.33	$84.00	Repayment Received
June 2008	$83.33	$84.00	Repayment Received
July 2008	$83.33	$664.00	Repayment Received
August 2008	$83.33	$0.00	Repayment Received
September 2008	$83.33	$0.00	Repayment Received
October 2008	$83.33	$0.00	Repayment Received
November 2008	$83.33	$0.00	Repayment Received
December 2008	$83.33	$0.00	Repayment Received
January 2009	$83.33	$0.00	Repayment Received
February 2009	$83.37	$0.00	Repayment Received