Saom Chhorn


Status: Paying Back

$750.00   Loan Amount
94% repaid

About the Entrepreneur

Name: Saom Chhorn
Location: Kampong Cham Province, Cambodia
Activity: Farming

About the Loan

Loan Amount: $750.00
Loan Use: To purchase a cow to plow the farmland
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 1, 2008
Date Disbursed: May 16, 2008
Date Funded:May 2, 2008

About the Country

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



Saom Chhorn, aged 54, is a true entrepreneur and with her husband has two small businesses. She works making Khmer cake to sell in a busy market and earns approximately less than $1 of profit a day. Her husband is a farmer. Everyday he goes to his field and does the farming. On average, he makes about $2 of income per day. They have seven children, six of whom are married and live away from home. Monthly, most of the children combine their money and send around $20 to support their parents.


She would like to loan from Kiva to purchase a cow to reduce costs, as before her husband rented a small tractor to plow the farmland. This will allow them to save in the future.


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Lenders to this entrepreneur

Justin
San Francisco, California
United States

Clive
Hong Kong,
Hong Kong

Terry
Saratoga, CA
United States

Anonymous

Celeste
Washington, DC
United States

Singh Family
Durham, NC
United States

Beat
Zurich,
Switzerland

Carol
St Petersburg, FL
United States

Anonymous
Atlanta, GA
United States

Kathy J
Boggstown, IN
United States

Linda
Ottsville, PA
United States

Alli
Ann Arbor, MI
United States

David
Denver, CO
United States

Sabanayagam
Princeton, NJ
United States

Joe and Erica
Colts Neck, NJ
United States

Anonymous
Cary, NC
United States

Christine
Memphis, TN
United States

Anonymous
University Heights, OH
United States

Jennifer
Winnipeg, Manitoba
Canada

John
Naperville, IL
United States

Adam
Long Beach, NY
United States

Polly
Geneva, IL
United States

Nissim
Tel Aviv, Israel
Israel

Kieran
Columbus, OH
United States



Journal entries for Saom Chhorn


Loan has been disbursed
 
Entrepreneur: Saom Chhorn
Location: Kampong Cham Province, Cambodia

Thank you for your loan. It has been disbursed to Saom Chhorn 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 16, 2008
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Kiva Help Repayment Schedule for Saom Chhorn

  Expected Repayments Actual Repayments Comments
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 $42.00 Repayment Received
December 2008 $41.67 $42.00 Repayment Received
January 2009 $41.67 $40.02 Repayment Received
February 2009 $41.67 $41.67 Repayment Received
March 2009 $41.67 $41.67 Repayment Received
April 2009 $41.67 $41.67 Repayment Received
May 2009 $41.67 $41.67 Repayment Received
June 2009 $41.67 $41.67 Repayment Received
July 2009 $41.67 $41.67 Repayment Received
August 2009 $41.67 $41.67 Repayment Received
September 2009 $41.67 $41.67 Repayment Received
October 2009 $41.67 $41.67 Repayment Received
November 2009 $41.67 $41.67 Repayment Received
December 2009 $41.67 $41.67 Repayment Received
January 2010 $41.61 Available Jan 1