Huy Eoun


Status: Paid Back

$800.00   Loan Request
$800.00   Paid Back

About the Entrepreneur

Name: Huy Eoun
Location: Kampong Cham Province, Cambodia
Activity: Transportation

About the Loan

Loan Amount: $800.00
Loan Use: Purchase a small truck
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 24, 2008
Date Disbursed: Jul 24, 2008
Date Funded:Jul 10, 2008
Loan Ended:Aug 16, 2009

About the Country

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



Huy Eoun, 48, is married and lives with her four children in the Kampong Cham province. Her husband is a farmer who makes around $1.60 each day, and three of her children work as well. Two of her children are farmers and one is a taxi driver. The agriculture industry has really suffered in Cambodia over the past year, as the climate has had unfavorable conditions and inflation has been high. Huy Eoun is asking for a loan of $800 to purchase a small truck for her son to run his business. With this purchase, the family believes that it can increase its income and raise the standard of living.

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Wanda
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Journal entries for Huy Eoun


Loan has been disbursed
 
Entrepreneur: Huy Eoun
Location: Kampong Cham Province, Cambodia

Thank you for your loan. It has been disbursed to Huy Eoun by CREDIT, a partner of World Relief in Cambodia. We are excited to watch this business grow. Over the next 12 months, CREDIT, a partner of World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kampong Cham Province, Cambodia
Jul 25, 2008
Comment on this entry

Loan Update
 
Entrepreneur: Huy Eoun
Location: Kampong Cham Province, Cambodia

Huy Eoun, 48, lives with her husband and four children in Kampong Cham, Cambodia. Huy and her husband are farmers, and requested this loan so they could buy a truck for their son.

A CREDIT MFI loan officer recently visited Huy to check on her progress. After receiving her loan, Huy bought a small truck, which her son uses to transport rubber trees. With her son's extra income stream, the family's standard of living has improved significantly. They can now afford better food, and are able to make investments in their other businesses.

In the future, Huy wants to save up so she can buy a better truck, because the one she purchased for her son is old and used, and sometimes breaks down.

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

(For those viewing this update in email, this borrower's profile can be viewed here: http://partners.kiva.org/app.php?page=businesses&action=about&id=53497, 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 Kampong Cham Province, Cambodia
Jun 10, 2009
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Kiva Help Repayment Schedule for Huy Eoun

  Expected Repayments Actual Repayments Comments
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 $65.68 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 $66.63 $66.64 Repayment Received