Sorn Sary


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Sorn Sary
Location: Pon-nhea Leu District, Cambodia
Activity: Pigs

About the Loan

Loan Amount: $500.00
Loan Use: To purchase more pig food
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 6, 2008
Date Disbursed: Feb 21, 2008
Date Funded:Feb 7, 2008
Loan Ended:Sep 25, 2008

About the Country

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



Mr. Sary has been married since 1993 and has only one son who is studying in a primary school in the village. He and his wife raise pigs at home. Mr. Sary is also a Reumork driver ( a motorbike that has the caravan behind) where he earns four dollars a day. His wife stays at home to look after the house, her son, and the pig. They live about 15 kilometers from Phnom Penh. In the future they plan to build a pond to raise fish.
Mr. Sary is requesting a loan for the second time in the amount of $500 to buy more pig food.

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Lenders to this entrepreneur

don
vancouver, British Columbia
Canada

Renee
Portland, OR
United States

Scott
Litchfield, NH
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George
Kingman, AZ
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David Gonzalez
Stanford, CA
United States

Andrea
Tolentino, Macerata
Italy

Richard
Milwaukee, WI
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David
Edmonton, Alberta
Canada

Heather
Irvine, CA
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Thomas
Oakland, CA
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NEOVIA Financial
Douglas, Isle of Man
United Kingdom

Patrick
Sherbrooke, Qc
Canada



Journal entries for Sorn Sary


Loan has been disbursed
 
Entrepreneur: Sorn Sary
Location: Pon-nhea Leu District, Cambodia

Thank you for your loan. It has been disbursed to Sorn Sary 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
Feb 22, 2008
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Update on Sorn Sary
 
Entrepreneur: Sorn Sary
Location: Pon-nhea Leu District, Cambodia

Mr. Sorn is a Reumork driver (a motorbike that has the caravan behind) while his wife is staying at home to look after the house, her son, and the pigs. In February, 2008 he applied for and received a loan of $500 to buy more pig feed.

Sorn had enough money to buy a good quality of pigs’ feed after he got he loan, so the pigs were healthy and grew up quickly. At the end, he tried to sell all the pigs and got the money to pay off the loan early as well as reinvest some part of the income on the business again. Sorn plans to borrow again in the future to buy a motorbike for his business.


Posted by Sive Chheng Sreng from Pon-nhea Leu District, Cambodia
Sep 23, 2008
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Kiva Help Repayment Schedule for Sorn Sary

  Expected Repayments Actual Repayments Comments
May 2008 $41.67 $42.00 Repayment Received
June 2008 $41.67 $42.00 Repayment Received
July 2008 $41.67 $42.00 Repayment Received
August 2008 $41.67 $42.00 Repayment Received
September 2008 $41.67 $42.00 Repayment Received
October 2008 $41.67 $42.00 Repayment Received
November 2008 $41.67 $248.00 Repayment Received
December 2008 $41.67 $0.00 Repayment Received
January 2009 $41.67 $0.00 Repayment Received
February 2009 $41.67 $0.00 Repayment Received
March 2009 $41.67 $0.00 Repayment Received
April 2009 $41.63 $0.00 Repayment Received