Ma Nghor


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Ma Nghor
Location: Prey Veng Province, Cambodia
Activity: Food Production/Sales

About the Loan

Loan Amount: $600.00
Loan Use: To expand her inventory of rice and Khmer food.
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 21, 2007
Date Disbursed: Jan 4, 2008
Date Funded:Dec 21, 2007
Loan Ended:Feb 15, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:United States Dollars (USD)



Mrs. Ma Nghor, age 49, is a widow who works selling rice and various kinds of Khmer food, earning about $6 per day. She has six children. Two are employed at a garment factory, earning about $70-80 per month each, one is a student, and three are married and live separately. She would like to request a loan of $600 in order to purchase more inventory and expand her business.

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Journal entries for Ma Nghor


Loan has been disbursed
 
Entrepreneur: Ma Nghor
Location: Prey Veng Province, Cambodia

Thank you for your loan. It has been disbursed to Ma Nghor by CREDIT MFI -- World Relief in Cambodia. We are excited to watch this business grow. Over the next 12 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
Jan 5, 2008
Comment on this entry

Thanks to our lenders!
 
Entrepreneur: Ma Nghor
Location: Prey Veng Province, Cambodia

This is a big thanks to Kiva lender John Jameson who came to CREDIT MFI in Phnom Penh to visit us today! He got a chance to meet CREDIT's Kiva coordinators, Sopheap and Vichet, who work very hard to get new loans and your journal updates posted. They are assisted by Kiva Fellow Isadora and myself, with help from volunteer Josh. You can expect to receive an email update on your client towards the end of their loan term so the full measure of the loan's impact on the borrowers can be recorded.

John, we appreciate your support of CREDIT's clients and are glad you came by to introduce yourself. If any of our lenders find themselves in Cambodia, we'd love for you to say hello and see our operations for yourselves!

Thanks everyone!

- Jordyan Edmiston, Kiva, Cambodia


Posted by Jordyan Edmiston from Prey Veng Province, Cambodia
Apr 27, 2008
Comment on this entry

Journal Update.
 
Entrepreneur: Ma Nghor
Location: Prey Veng Province, Cambodia

Ma Nghor took out a loan of $600 to expand her business by adding more utensils and repair her shop. Before, her shop was small and has not enough equipment to run business. But since she loan from Credit, she is able to purchase more chairs, tables, utensils and increase the number of selling rice and foods. So far, she has a bigger shop which is no longer worry about the space for her clients. She has been very pleased with the results of her investment and can see her business growing forward. The income has been increased and with this money she is able to push her business and save for her children’s education. She has no problems paying a loan back to Credit MFI.

Thank you so much for your generosity and kindness toward Ma Nghor and her family. CREDIT appreciates your help and looks forward to partnering with you again in the future to continue to provide quality financial services to Cambodia's poor entrepreneurs.


Posted by Vichet Ouch from Prey Veng Province, Cambodia
Dec 28, 2008
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Kiva Help Repayment Schedule for Ma Nghor

  Expected Repayments Actual Repayments Comments
April 2008 $50.00 $50.00 Repayment Received
May 2008 $50.00 $50.00 Repayment Received
June 2008 $50.00 $50.00 Repayment Received
July 2008 $50.00 $50.00 Repayment Received
August 2008 $50.00 $50.00 Repayment Received
September 2008 $50.00 $50.00 Repayment Received
October 2008 $50.00 $50.00 Repayment Received
November 2008 $50.00 $50.00 Repayment Received
December 2008 $50.00 $50.00 Repayment Received
January 2009 $50.00 $50.00 Repayment Received
February 2009 $50.00 $50.00 Repayment Received
March 2009 $50.00 $50.00 Repayment Received