Sokhun Am


Status: Paid Back

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

About the Entrepreneur

Name: Sokhun Am
Location: Pon-nhea Leu District, Cambodia
Activity: Grocery Store

About the Loan

Loan Amount: $1,000.00
Loan Use: Buying grocery items for reselling.
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 18, 2007
Date Disbursed: Jan 1, 2008
Date Funded:Dec 18, 2007
Loan Ended:Feb 15, 2009

About the Country

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



Mrs. Am Sokhum (age 49) is a widow with six children; four sons and two daughters. One of her children has been married and is living in a different house. The other five are living under her custody, four of which are working in garment factory, and the other one stays at home. Sokhum’s home is along National Road number Five about thirty kilometers from Phnom Penh. She is in the business of a grocery store and selling vegetables at her house since 2004. She buys grocery items from the market in Phnom Penh and vegetables from her village for reselling at her store. She and her children work hard to save some money to build new house. After getting loans from Maxima many times, her life is getting better and better.

Now she is requesting her fourth loan from MAXIMA in the amount of $1000. She will use this loan to expand her grocery store.

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Lenders to this entrepreneur

Fam
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Tim and Heide
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Anonymous
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james
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Susanne
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Glenna
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Christopher
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Cheryl
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Patrick
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Jill

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Sandy
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Nancy
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Journal entries for Sokhun Am


Loan has been disbursed
 
Entrepreneur: Sokhun Am
Location: Pon-nhea Leu District, Cambodia

Thank you for your loan. It has been disbursed to Sokhun Am 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 Pon-nhea Leu District, Cambodia
Jan 2, 2008
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Update on Sokhun Am
 
Entrepreneur: Sokhun Am
Location: Pon-nhea Leu District, Cambodia

Mrs. Sokhum is a grocery seller. She requested a loan of $1,000 in December, 2007 to expand her grocery store. She has bought two more merchandise stands and a small container to carry grocery items.

So in that way she could purchase variety of grocery items to sell and attract more customers. She managed to save some money from her business to fill up the land in the front yard of the house which sometimes flooded during rainy season.

Her living standard is expected to be increase due to income from her store. As a result, she has enough money to spend for daily activities especially food and supporting the children to school and she also plans to repair the house where is living. She is asking for the loan again at the end of the term.


Posted by Sive Chheng Sreng from Pon-nhea Leu District, Cambodia
May 2, 2008
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Kiva Help Repayment Schedule for Sokhun Am

  Expected Repayments Actual Repayments Comments
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 $84.00 Repayment Received
August 2008 $83.33 $84.00 Repayment Received
September 2008 $83.33 $84.00 Repayment Received
October 2008 $83.33 $84.00 Repayment Received
November 2008 $83.33 $84.00 Repayment Received
December 2008 $83.33 $84.00 Repayment Received
January 2009 $83.33 $77.30 Repayment Received
February 2009 $83.33 $83.33 Repayment Received
March 2009 $83.37 $83.37 Repayment Received