Vorng Phout


Status: Paying Back

$800.00   Loan Amount
88% repaid

About the Entrepreneur

Name: Vorng Phout
Location: Siem Reap Province, Cambodia
Activity: Motorcycle Transport

About the Loan

Loan Amount: $800.00
Loan Use: To buy a motorbike to use as a taxi
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 27, 2008
Date Disbursed: Jun 10, 2008
Date Funded:May 27, 2008

About the Country

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



Vorng Phout is 45 years of age and sells Khmer style noodles, in the form of a traditional soup, from her roadside stall. She is relatively new to the business, having only started it two years ago and is earning $2 USD per day. Her husband is a construction worker. Unfortunately, his work is transient, taking him from village to village throughout the province, and often keeping him away from his family.

They have a total of eight children. Five of these children are still in school, an impressive feat for a large, poor family like their own. Two of the children are old enough to work and add an additional $4 USD per day to the family income. One of their sons wants to start working part-time as a motor-taxi driver to do his part to help. Vorng Phout would like to be able to better provide for her family by buying a motorbike for him to use.



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Journal entries for Vorng Phout


Loan has been disbursed
 
Entrepreneur: Vorng Phout
Location: Siem Reap Province, Cambodia

Thank you for your loan. It has been disbursed to Vorng Phout 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 Siem Reap Province, Cambodia
Jun 11, 2008
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Kiva Help Repayment Schedule for Vorng Phout

  Expected Repayments Actual Repayments Comments
September 2008 $44.44 $45.00 Repayment Received
October 2008 $44.44 $45.00 Repayment Received
November 2008 $44.44 $45.00 Repayment Received
December 2008 $44.44 $45.00 Repayment Received
January 2009 $44.44 $42.20 Repayment Received
February 2009 $44.44 $44.44 Repayment Received
March 2009 $44.44 $44.44 Repayment Received
April 2009 $44.44 $44.44 Repayment Received
May 2009 $44.44 $44.44 Repayment Received
June 2009 $44.44 $44.44 Repayment Received
July 2009 $44.44 $44.44 Repayment Received
August 2009 $44.44 $44.44 Repayment Received
September 2009 $44.44 $44.44 Repayment Received
October 2009 $44.44 $44.44 Repayment Received
November 2009 $44.44 $44.44 Repayment Received
December 2009 $44.44 $44.44 Repayment Received
January 2010 $44.44 Available Jan 1  
February 2010 $44.52 Available Feb 1