Phou Ly


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Phou Ly
Location: Phnom Penh, Cambodia
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase more equipment for her business.
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 14, 2008
Date Disbursed: May 29, 2008
Date Funded:May 15, 2008
Loan Ended:Apr 15, 2009

About the Country

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



Mrs. Phou Ly is 56-year-old mother of one child. She owns an at-home stand selling pork/chicken rice and coffee to serve to the people in her community for their breakfast. Normally, she can earn about $10/day in revenue. Her husband is employed as a policeman, earning $2/day.
Mrs. Phou Ly would like to expand her stand and provide more services to her excellent customers. She needs more utensils and equipment such as chairs, tables cloths, tables, and so on. She is requesting a loan to purchase this additional equipment, and she is very excited about expanding her business.

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Lenders to this entrepreneur

Kakbank
Pixbo, NA
Sweden

Romin
Newbury, Berkshire
United Kingdom

Rita
Del Mar, CA
United States

Laurent D
Brussels,
Belgium

Gary
Dorchester, MA
United States

Terry
Ljubljana,
Slovenia

ciro
pacific palisades, CA
United States

Khadijah Hassanah
Tampa, FL
United States

Caitlin
Scituate, MA
United States

PETER
New York, NY
United States

Seth
Tacoma, WA
United States

Sandra
Pittsburgh, PA
United States

John
Austin, TX
United States

Iram & Tommy
Cambridge, Massachusetts
United States

Michelle
Deltona, FL
United States

Anonymous
Providence, RI
United States



Journal entries for Phou Ly


Loan has been disbursed
 
Entrepreneur: Phou Ly
Location: Phnom Penh, Cambodia

Thank you for your loan. It has been disbursed to Phou Ly by CREDIT MFI -- World Relief in Cambodia. We are excited to watch this business grow. Over the next 10 months, CREDIT MFI -- World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Phnom Penh, Cambodia
May 30, 2008
Comment on this entry

Loan Update
 
Entrepreneur: Phou Ly
Location: Phnom Penh, Cambodia

Phou Ly, 56, lives with her husband and child in Phnom Penh, Cambodia. Phou Ly owned a stand at her house where she sold pork-and-rice dishes to locals. Phou asked for a loan so she could purchase equipment to expand her stand.

A CREDIT MFI loan officer recently visited Phou to check on her progress. However, after repaying her debt, Phou moved away, and the loan officer was unable to find her. This happens from time to time, and CREDIT apologizes for not being able to provide you with an update on Phou's situation.

(For those viewing this update in email, this lender's profile can be viewed here: http://partners.kiva.org/app.php?page=businesses&action=about&id=48407, and all loans from CREDIT MFI in Cambodia can be viewed here: http://partners.kiva.org/about/aboutPartner?id=9)"


Posted by Jeff Zira from Phnom Penh, Cambodia
Apr 24, 2009
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Kiva Help Repayment Schedule for Phou Ly

  Expected Repayments Actual Repayments Comments
August 2008 $120.00 $120.00 Repayment Received
September 2008 $120.00 $120.00 Repayment Received
October 2008 $120.00 $120.00 Repayment Received
November 2008 $120.00 $120.00 Repayment Received
December 2008 $120.00 $120.00 Repayment Received
January 2009 $120.00 $120.00 Repayment Received
February 2009 $120.00 $120.00 Repayment Received
March 2009 $120.00 $120.00 Repayment Received
April 2009 $120.00 $120.00 Repayment Received
May 2009 $120.00 $120.00 Repayment Received