Ving Chanthol


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Ving Chanthol
Location: Kampong Cham Province, Cambodia
Activity: Clothing Sales

About the Loan

Loan Amount: $1,000.00
Loan Use: Purchase more silk skirts and scarves
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 25, 2008
Date Disbursed: Jul 29, 2008
Date Funded:Jul 15, 2008
Loan Ended:Aug 21, 2009

About the Country

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



Ving Chanthol, 52, lives with her two children and a niece in the Kampong Cham province. She typically makes $3.30 a day selling silk skirts and cotton scarves in her area. She is also supported by her two children, who work in the garment factories. Ving Chanthol is asking for a loan of $1000 to purchase more silk skirts and scarves. She believes that increasing her inventory and selling the clothes in larger amounts will increase her income and raise her standard of living.

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Eric
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Kevin
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Tom
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Alice
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Judy
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Arjen
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Martin + Angela
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Journal entries for Ving Chanthol


Loan has been disbursed
 
Entrepreneur: Ving Chanthol
Location: Kampong Cham Province, Cambodia

Thank you for your loan. It has been disbursed to Ving Chanthol 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 30, 2008
Comments (1)

Journal Update
 
Entrepreneur: Ving Chanthol
Location: Kampong Cham Province, Cambodia

Ving Chanthol, 52, lives with her two children and niece in Kampong Cham, Cambodia. Ving sells silk clothing, and requested this loan so she could buy more silk for her business.

A loan officer from CREDIT recently visited Ving to ask about her loan. Ving said she used the money to buy more silk to sew. She is now able to sell more clothing at the market, and she said that her income increased, but couldn't say by how much. As a result, her standard of living has improved, and she can spend more on her family.

In the future, Ving plans to use her savings to purchase a stand in the market where she can sell her clothes directly, instead of selling them to a middleman.

(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=53498, 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
Comment on this entry

Kiva Help Repayment Schedule for Ving Chanthol

  Expected Repayments Actual Repayments Comments
October 2008 $83.33 $84.00 Repayment Received
November 2008 $83.33 $84.00 Repayment Received
December 2008 $83.33 $82.00 Repayment Received
January 2009 $83.33 $83.32 Repayment Received
February 2009 $83.33 $83.33 Repayment Received
March 2009 $83.33 $83.33 Repayment Received
April 2009 $83.33 $83.33 Repayment Received
May 2009 $83.33 $83.33 Repayment Received
June 2009 $83.33 $83.33 Repayment Received
July 2009 $83.33 $83.33 Repayment Received
August 2009 $83.33 $83.33 Repayment Received
September 2009 $83.37 $83.37 Repayment Received