Chea Num


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Chea Num
Location: Kampong Cham, Cambodia
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase a large quantity of cashew nuts from growers and resell them for a profit.
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 3, 2008
Date Disbursed: Feb 19, 2008
Date Funded:Feb 5, 2008
Loan Ended:Sep 23, 2009

About the Country

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



Mrs. Chea Num, age 58, is a housewife. Her husband works as a farmer growing rice and vegetables, making on average around $1.50 each day. She has seven children. Two of them are employed by a garment factory, three are married and live separately, and the rest are unemployed. She would like to request a loan of $1200 in order to purchase a large quantity of cashew nuts from growers and resell them for a profit.

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Journal entries for Chea Num


Loan has been disbursed
 
Entrepreneur: Chea Num
Location: Kampong Cham, Cambodia

Thank you for your loan. It has been disbursed to Chea Num by CREDIT MFI -- World Relief in Cambodia. We are excited to watch this business grow. Over the next 18 months, CREDIT MFI -- World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kampong Cham, Cambodia
Feb 19, 2008
Comments (1)

Journal Update
 
Entrepreneur: Chea Num
Location: Kampong Cham, Cambodia

Mrs. Chea Num, age 58, is a housewife. Her husband works as a farmer growing rice and vegetables. Two of her children are employed by a garment factory. She requested a loan in order to purchase a large quantity of cashew nuts from growers and resell them for a profit.

A CREDIT MFI loan officer recently visited Num to check on her progress. After receiving her loan, Num and her husband used the money to buy beans and cashew nuts to stock for resale when the price is good enough to make a profit. Her business is growing efficiently, and she is able to generate more income.

When asked, Num said she was thankful to CREDIT for its good service, and to Kiva lenders for supporting her loan.

(For those viewing this update in email, this lender's profile can be viewed here: http://partners.kiva.org/app.php?page=businesses&action=about&id=24865, and all loans from CREDIT MFI in Cambodia can be viewed here: http://partners.kiva.org/about/aboutPartner?id=9)"


Posted by Riphin San from Kampong Cham, Cambodia
Sep 30, 2009
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Kiva Help Repayment Schedule for Chea Num

  Expected Repayments Actual Repayments Comments
May 2008 $66.67 $67.00 Repayment Received
June 2008 $66.67 $67.00 Repayment Received
July 2008 $66.67 $67.00 Repayment Received
August 2008 $66.67 $67.00 Repayment Received
September 2008 $66.67 $67.00 Repayment Received
October 2008 $66.67 $67.00 Repayment Received
November 2008 $66.67 $67.00 Repayment Received
December 2008 $66.67 $67.00 Repayment Received
January 2009 $66.67 $64.03 Repayment Received
February 2009 $66.67 $66.67 Repayment Received
March 2009 $66.67 $66.67 Repayment Received
April 2009 $66.67 $66.67 Repayment Received
May 2009 $66.67 $66.67 Repayment Received
June 2009 $66.67 $66.66 Repayment Received
July 2009 $66.67 $66.67 Repayment Received
August 2009 $66.67 $66.67 Repayment Received
September 2009 $66.67 $66.68 Repayment Received
October 2009 $66.61 $66.61 Repayment Received