Kuy Sorm Orn


Status: Paid Back

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

About the Entrepreneur

Name: Kuy Sorm Orn
Location: Kompong Tom, Cambodia
Activity: Farming

About the Loan

Loan Amount: $1,000.00
Loan Use: To increase her working capital in rice farming and buy a fishing boat to create a fishing career for her husband
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 29, 2008
Date Disbursed: Mar 14, 2008
Date Funded:Feb 29, 2008
Loan Ended:Apr 15, 2009

About the Country

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



Mrs. Kuy Som Orn, 53, is a rice farmer in the Or Som Buo Village in Kompong Tom Province. She earns about $2 a day and has six children, three of whom are married. One son, Mr. Sem Sokchea, is a garment worker who earns about $2 a day, while another son, Mr. Sem Kem San, is a student; the rest are farmers. Mrs Sorm Orn's husband, Mr. Sem Sorm, is a farmer and boatman. He earns about $4 a day.


She now requests a loan of $1000 to increase her working capital in rice farming and buy a fishing boat to create a fishing career for her husband. Because of her business, she now can further her child’s study and support her family’s living expenses.


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Anonymous
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Journal entries for Kuy Sorm Orn


Loan has been disbursed
 
Entrepreneur: Kuy Sorm Orn
Location: Kompong Tom, Cambodia

Thank you for your loan. It has been disbursed to Kuy Sorm Orn by Hattha Kaksekar Limited (HKL) in Cambodia. We are excited to watch this business grow. Over the next 12 months, Hattha Kaksekar Limited (HKL) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Ly Bunkona from Kompong Tom, Cambodia
Mar 2, 2008
Comment on this entry

Quite a Journey!
 
Entrepreneur: Kuy Sorm Orn
Location: Kompong Tom, Cambodia

During a branch tour I wanted to visit the client to write a journal entry about her Kiva experience, little did I know what a challenge it would be to visit Mrs. Kuy Som Orn in Kompong Tom. We took an offroad truck along a narrow, pothole-ridden road in the village, then jumped on motorbikes to travel through the countryside and walked across a makeshift bridge that wasn’t fit for a motorbike. The trip wouldn’t be complete without a downpour of rain that seemed to come out of nowhere. Treks like this one make the Kiva Fellowship interesting!

When we arrived at Mrs. Kuy Som Orn, she rushed us inside of her house to help us escape the rain. When we sat down she explained to me that they used the Kiva loan to purchase a boat, motor, fishing net, and then used the small remainder of the loan for children expenses. Mrs. Orn’s husband, Mr. Sem Sorm, now has much more success while fishing, though they had difficulty estimating a change in income, because of the erratic nature of his income. He has future plans to further expand his fishing business buy purchasing another boat. The couple would also like to purchase oxen as an investment in their rice farming activities. Having oxen would allow them to plow the fields more easily and could be used for breeding or food later on.

They are thankful for the loan from Kiva and plan to repay diligently.


Posted by Omeed Selbe from Kompong Tom, Cambodia
Aug 11, 2008
Comment on this entry

Kiva Help Repayment Schedule for Kuy Sorm Orn

  Expected Repayments Actual Repayments Comments
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 $78.64 Repayment Received
February 2009 $83.33 $83.33 Repayment Received
March 2009 $83.33 $83.33 Repayment Received
April 2009 $83.33 $83.33 Repayment Received
May 2009 $83.37 $83.37 Repayment Received