Khat Ny


Status: Paying Back

$1,200.00   Loan Amount
94% repaid

About the Entrepreneur

Name: Khat Ny
Location: Prey Veng Province, Cambodia
Activity: Motorcycle Transport

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase a trailer to expand a business.
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 2, 2008
Date Disbursed: May 21, 2008
Date Funded:May 7, 2008

About the Country

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



Mrs. Khat Ny, 31, works making Khmer wine (made from steamy rice) and sells it for a profit. With her business activity, she can make about $2 per day of income. Her husband works driving a motor-taxi to transport passengers from place to place, earning about $5 per day of income.


She has three little children who are too young to attend school. Her husband finds recently that if he can have a trailer to attach to his motor-bike, he will be able to not only transport passenger but to also transport goods for the market vendors from place to place, which can generate further income for his household. Mrs.Khat Ny and her husband would like to take out this loan to purchase a trailer to use to expand their business. ( Her husband is pictured with his motor-bike because Mrs. Khat Ny is not available).


Subscribe

Lenders to this entrepreneur

Smoku & Syrenka
Murray, UT
United States

Hotse
Lauderdale by the Sea, FL
United States

Anonymous
Aurora, Ontario
Canada

Arinda
Anaheim, CA
United States

Tim
Washington, DC
United States

Alexis
Stamford, CT
United States

Ron
Maple Valley, WA
United States

Todd
Woodinville, WA
United States

Robert
Oakland, CA
United States

Kate
Dun Laoghaire,
Ireland

Larry & Helen
Burraga, NSW
Australia

Kim
Kyoto,
Japan

Elske
Jakarta,
Indonesia

Jason
Saint John, IN
United States

Miglena
San Francisco, CA
United States

Jing
San Francisco, CA
United States

Ram & Priya
Toronto, Ontario
Canada

Eddie
alexandria, VA
United States

Matthew
Ada, MI
United States

Jo
Arlington, VA
United States

Suzie Hammond
Austin, TX
United States

Kathy and Doug
Juneau, AK
United States

Glenn & Gail
Saskatoon, Saskatchewan
Canada

Andreas
Malmö, Sweden
Sweden

Angela
Birmingham, West Midlands
United Kingdom

Cindy
Jamaica Plain, MA
United States

Mary Margaret
Calhoun, LA
United States

Patricia
Lynnwood, WA
United States

David
Norfolk, VA
United States

Connie Owens
Lakeside, CA
United States

ken
santa rosa, CA
United States

Peggy
Santa Rosa, CA
United States

Susan & Russ
Miami, FL
United States



Journal entries for Khat Ny


Loan has been disbursed
 
Entrepreneur: Khat Ny
Location: Prey Veng Province, Cambodia

Thank you for your loan. It has been disbursed to Khat Ny 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 Prey Veng Province, Cambodia
May 21, 2008
Comment on this entry

Loan Update
 
Entrepreneur: Khat Ny
Location: Prey Veng Province, Cambodia

Khat Ny, 31, lives in Prey Veng, Cambodia with her husband and three children. Khat makes rice wine, and her husband drives a motorbike-taxi. At the time they received their loan, they made $2 and $4 respectively. Khat requested a loan so she could purchase a trailer for her husband to use with his motorbike.

A CREDIT MFI loan officer recently visited Khat to check on her progress. After receiving her loan, Khat bought a new motorbike and trailer for her husband. With his new carrying capacity, her husband was able to double his previous income. The family used the extra money to purchase pigs to raise and sell. Khat said her standard of living has significantly improved as a result of this loan.

Khat said that in the future, she would like to focus more on raising pigs, and would like to take out another loan to support this business.

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


Posted by Jeff Zira from Prey Veng Province, Cambodia
Feb 26, 2009
Comment on this entry

Kiva Help Repayment Schedule for Khat Ny

  Expected Repayments Actual Repayments Comments
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 $65.02 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 $66.67 $66.67 Repayment Received
November 2009 $66.67 $66.67 Repayment Received
December 2009 $66.67 $66.67 Repayment Received
January 2010 $66.61 Available Jan 1