Paor Chheng


Status: Paying Back

$1,000.00   Loan Amount
94% repaid

About the Entrepreneur

Name: Paor Chheng
Location: Kampong Cham Province, Cambodia
Activity: Taxi

About the Loan

Loan Amount: $1,000.00
Loan Use: To buy a new taxi.
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 29, 2008
Date Disbursed: May 15, 2008
Date Funded:May 1, 2008

About the Country

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



Paor Chheng is a 48-year-old entrepreneur who helps support her family by running two businesses with her husband. She makes about $3 a day producing Khmer (or rice) wine, one of the most popular beverages in her province. People serve it at parties because it is very cheap and does not harm their health. Her husband, Chou Vy, age 50, is a taxi driver and normally makes around $12 a day . They have three children, all of whom are students.


To increase her family's income, Paor has applied for a loan from Kiva to replace her husband's old taxi, which is unreliable and use a lot of gas -- a major problem now that gas prices are so high. (Picture: Paor and her husband Chou)


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Journal entries for Paor Chheng


Loan has been disbursed
 
Entrepreneur: Paor Chheng
Location: Kampong Cham Province, Cambodia

Thank you for your loan. It has been disbursed to Paor Chheng 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 Province, Cambodia
May 15, 2008
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Kiva Help Repayment Schedule for Paor Chheng

  Expected Repayments Actual Repayments Comments
August 2008 $55.56 $56.00 Repayment Received
September 2008 $55.56 $56.00 Repayment Received
October 2008 $55.56 $56.00 Repayment Received
November 2008 $55.56 $56.00 Repayment Received
December 2008 $55.56 $56.00 Repayment Received
January 2009 $55.56 $53.36 Repayment Received
February 2009 $55.56 $55.56 Repayment Received
March 2009 $55.56 $55.56 Repayment Received
April 2009 $55.56 $55.56 Repayment Received
May 2009 $55.56 $55.56 Repayment Received
June 2009 $55.56 $55.56 Repayment Received
July 2009 $55.56 $55.56 Repayment Received
August 2009 $55.56 $55.56 Repayment Received
September 2009 $55.56 $55.56 Repayment Received
October 2009 $55.56 $55.56 Repayment Received
November 2009 $55.56 $55.56 Repayment Received
December 2009 $55.56 $55.56 Repayment Received
January 2010 $55.48 Available Jan 1