Srey Reoun


Status: Paying Back

$1,000.00   Loan Amount
88% repaid

About the Entrepreneur

Name: Srey Reoun
Location: Prey Veng Province, Cambodia
Activity: Construction Supplies

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase more construction's tools for her husband to reduce his work load
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 25, 2008
Date Disbursed: Jun 9, 2008
Date Funded:May 26, 2008

About the Country

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



Srey Sareoun, 28-yeas old, has already repaid her first loan. She is requesting a second loan so she can continue improving her standard of living. She has two small children and is a garment factory worker. She is very impressed and amazed at how her first loan impacted her family. She used the loan to purchase a concrete mixer for her husband, a construction foreman. This increase her husbands productivity and increased their income. This second loan will be used to buy more construction equipment that will further increase her husband's productivity and profits.

Subscribe

Lenders to this entrepreneur

Michael & Janet
Mitchelton, Qld
Australia

Eileen
La Palma, CA
United States

Al
South Carolina
United States

Dale and Rob
Fort Saskatchewan, Alberta
Canada

Edward
Sherwood Park, Alberta
Canada

Sandy
La Palma, CA
United States

JU YONG
SEOUL,
Korea, Republic of

LingD
Xiamen, Fujian
China

Joseph
Reisterstown, MD
United States

Subash
Kuala Lumpur, Wilayah Persekutuan

NBL Solutions
Willow Vale, Queensland
Australia

Eric
Malvern, PA
United States

Brian
Mountain Village, AK
United States

Karine
Neptune, NJ
United States

Patti
University Park, MD
United States

John and Georgia
Brisbane, Queensland
Australia

Leone
Carnarvon, Western Australia
Australia

Anonymous
Perth, Western Australia
Australia

Cathy
Brea, CA
United States

Christopher
Bellefonte, PA
United States

Gao, Wei
Beijing, 
China



Journal entries for Srey Reoun


Loan has been disbursed
 
Entrepreneur: Srey Reoun
Location: Prey Veng Province, Cambodia

Thank you for your loan. It has been disbursed to Srey Reoun 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
Jun 9, 2008
Comment on this entry

Loan Update
 
Entrepreneur: Srey Reoun
Location: Prey Veng Province, Cambodia

Srey Sareoun, 28, lives with her two children and her husband in Prey Veng, Cambodia. She works in a garment factory, and her husband is a construction foreman. Srey previously borrowed through Kiva via CREDIT MFI. Please view her loan here. Srey requested this new loan to buy more construction equipment for her husband's business.

A CREDIT MFI loan officer recently visited Srey to check on her progress. After receiving her loan, Srey gave the money to her husband, who purchased a cement mixer. He says that his job has become much easier now, and his income has increased as a result of higher productivity. He reinvests the extra income by purchasing more construction tools.

When asked about any problems, Srey said that her husband sometimes must take a loss on the business because of estimates on construction projects which are too low.

When asked, Srey 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 25, 2009
Comment on this entry

Kiva Help Repayment Schedule for Srey Reoun

  Expected Repayments Actual Repayments Comments
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 $53.80 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 $55.56 Available Jan 1  
February 2010 $55.48 Available Feb 1