Dum Simun


Status: Paying Back

$1,200.00   Loan Amount
77% repaid

About the Entrepreneur

Name: Dum Simun
Location: Kampong Cham Province, Cambodia
Activity: Farming

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase a motorbike with a trailer and additional land to grow crops.
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jul 6, 2008
Date Disbursed: Aug 3, 2008
Date Funded:Jul 20, 2008

About the Country

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



Dum Simun, 58, is a married mother who works as farmer. She makes around $1.00 each day. Her husband farms vegetables and everyday he earns approximately $1.50 by selling those vegetables in the market. They have four children and all of them have their own businesses that help support the family.

Her husband always brings vegetable to sell in the market by motor-taxi so that he can save time. He would like to apply for a loan from Kiva to purchase a motorbike with a trailer to transfer vegetables to the market. Any remaining money will be used to purchase more farmland to grow more vegetables.

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Journal entries for Dum Simun


Loan has been disbursed
 
Entrepreneur: Dum Simun
Location: Kampong Cham Province, Cambodia

Thank you for your loan. It has been disbursed to Dum Simun 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
Aug 4, 2008
Comment on this entry

Journal Update
 
Entrepreneur: Dum Simun
Location: Kampong Cham Province, Cambodia

Dum Simun, 58, is a married mother who works as farmer. She makes around $1.00 each day. Her husband farms vegetables and everyday he earns approximately $1.50 by selling those vegetables in the market. They have four children and all of them have their own businesses that help support the family.

Dum Simun took out a loan to purchase a trailer to transport vegetables and the rest is used to purchase a another plot of land to expand her cultivation. She has been pleased with the result of her investments and can see her business growing. So far, she is able to make a combine together with her husband about US$8 of profit every day. She has no problems paying a loan to CREDIT.

She would like to see her business expanded and her income continue to increase, and in the future she will not hesitate to borrow again. She looks forward to the opportunities provided by this loan and has been very pleased with the results so far.

Thank you so much for your generosity and kindness toward Dum Simun and her family. CREDIT appreciates your help and looks forward to partnering with you again in the future to continue to provide quality financial services to Cambodia's poor entrepreneurs.


Posted by Vichet Ouch from Kampong Cham Province, Cambodia
Aug 2, 2009
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Kiva Help Repayment Schedule for Dum Simun

  Expected Repayments Actual Repayments Comments
November 2008 $66.67 $67.00 Repayment Received
December 2008 $66.67 $67.00 Repayment Received
January 2009 $66.67 $66.01 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 $66.67 Repayment Received
July 2009 $66.67 $66.67 Repayment Received
August 2009 $66.67 $66.67 Repayment Received
September 2009 $66.67 $66.67 Repayment Received
October 2009 $66.67 $66.67 Repayment Received
November 2009 $66.67 $66.67 Repayment Received
December 2009 $66.67 $66.67 Repayment Received
January 2010 $66.67 Available Jan 1  
February 2010 $66.67 Available Feb 1  
March 2010 $66.67 Available Mar 1  
April 2010 $66.61 Available Apr 1