El Sokhy


Status: Paid Back

$300.00   Loan Request
$300.00   Paid Back

About the Entrepreneur

Name: El Sokhy
Location: Kampong Cham, Cambodia
Activity: Barber Shop

About the Loan

Loan Amount: $300.00
Loan Use: To buy barber tools.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 4, 2008
Date Disbursed: May 18, 2008
Date Funded:May 4, 2008
Loan Ended:Jun 15, 2009

About the Country

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



El Sokhy is 44 years old. She farms rice in her home province of Kampong Cham. This is a hard profession and her profits only come out to US$1 per day of work. She has known work in the fields all her life, however, as she has been farming since 1979. Her husband, Sang Chea, is the local barber. He earns US$2 per day. Of their four children, only one is married. Two of the older unmarried children contribute to the family income. One is a garment factory worker, earning US$80 per month and the other works in construction, earning US$3 per day. She wants to support her husband in his unique trade by buying him better tools to use for cutting hair. Barbers in the provinces rarely have more than a comb, a flat razor, and a pair of rusty scissors. With more modern tools he will attract much more business than he does now.

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Journal entries for El Sokhy


Loan has been disbursed
 
Entrepreneur: El Sokhy
Location: Kampong Cham, Cambodia

Thank you for your loan. It has been disbursed to El Sokhy by CREDIT MFI -- World Relief in Cambodia. We are excited to watch this business grow. Over the next 12 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, Cambodia
May 19, 2008
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Kiva Help Repayment Schedule for El Sokhy

  Expected Repayments Actual Repayments Comments
August 2008 $25.00 $25.00 Repayment Received
September 2008 $25.00 $25.00 Repayment Received
October 2008 $25.00 $25.00 Repayment Received
November 2008 $25.00 $25.00 Repayment Received
December 2008 $25.00 $25.00 Repayment Received
January 2009 $25.00 $25.00 Repayment Received
February 2009 $25.00 $25.00 Repayment Received
March 2009 $25.00 $25.00 Repayment Received
April 2009 $25.00 $25.00 Repayment Received
May 2009 $25.00 $25.00 Repayment Received
June 2009 $25.00 $25.00 Repayment Received
July 2009 $25.00 $25.00 Repayment Received