Lach Roeun


Status: Paying Back

$1,000.00   Loan Amount
83% repaid

About the Entrepreneur

Name: Lach Roeun
Location: Kampong Cham Province, Cambodia
Activity: Food Market

About the Loan

Loan Amount: $1,000.00
Loan Use: To buy rice and a motorbike
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 20, 2008
Date Disbursed: Jul 18, 2008
Date Funded:Jul 4, 2008

About the Country

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



Lach Roeun, 48, is a widower and rice miller who lives in Kampong Cham province with one of his children. He typically makes $3 a day and is supported in part by his children.


Because his children are the biggest sources of his income, Lach Roeun wants to help them. With a loan of $1,000 from CREDIT, he wants to buy a motorbike to transport his children to and from work. This will cut down on public transportation costs that are a big part of family expenses. He also wants to buy some gas for the motorbike and some rice. He hopes to make a profit from the rice by buying it with the husk attached and taking it off for resale.


Lach Roeun has an entrepreneurial mindset and is always seeking ways to diversify his family’s income. In the future, he hopes to replace his old rice mill, because he believes that a new one will increase his income further.


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Matt
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Mark
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Kelly
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Holli
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Katherine
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Jason
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Toni
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Teri
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Ryan
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Journal entries for Lach Roeun


Loan has been disbursed
 
Entrepreneur: Lach Roeun
Location: Kampong Cham Province, Cambodia

Thank you for your loan. It has been disbursed to Lach Roeun by CREDIT, a partner of World Relief in Cambodia. We are excited to watch this business grow. Over the next 18 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 18, 2008
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Kiva Help Repayment Schedule for Lach Roeun

  Expected Repayments Actual Repayments Comments
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 $54.24 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 $55.56 Available Feb 1  
March 2010 $55.48 Available Mar 1