Touch Paet


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Touch Paet
Location: Prey Changva Village, Cambodia
Activity: Food Production/Sales

About the Loan

Loan Amount: $500.00
Loan Use: To buy a motorbike with a freezer for her husband to sell ice-cream door-to-door.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 13, 2008
Date Disbursed: Jul 27, 2008
Date Funded:Jul 13, 2008
Loan Ended:Aug 15, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,021.7500 KHR = 1 USD



Mrs. Touch Paet and her husband, Mr. Choem Khat, are subsistence farmers in Prey Changva Village in Kampong Speu Province. They have five children, three of whom are construction workers while the remaining two are attending school. Although the family members have different business activities, they still cannot improve their living conditions. Mrs. Touch Paet and her husband want to start an ice-cream selling business which is likely to do well since Cambodia is hot. Thus, Mrs. Touch Paet has decided to request a loan to buy a motorbike with a freezer for her husband to sell ice-cream door-to-door. Last year, one of Mrs. Touch Paet’s children got dengue fever and she spent $175 on medical bills to cure. The additional expense hurt the family budget. Her husband is on the right of the photo.

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Journal entries for Touch Paet


Loan has been disbursed
 
Entrepreneur: Touch Paet
Location: Prey Changva Village, Cambodia

Thank you for your loan. It has been disbursed to Touch Paet by Angkor Mikroheranhvatho Kampuchea (AMK) in Cambodia. We are excited to watch this business grow. Over the next 12 months, Angkor Mikroheranhvatho Kampuchea (AMK) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Hay Sophanith from Prey Changva Village, Cambodia
Jul 14, 2008
Comments (1)

Kiva Help Repayment Schedule for Touch Paet

  Expected Repayments Actual Repayments Comments
October 2008 $41.67 $41.00 Repayment Received
November 2008 $41.67 $43.00 Repayment Received
December 2008 $41.67 $42.00 Repayment Received
January 2009 $41.67 $40.67 Repayment Received
February 2009 $41.67 $41.67 Repayment Received
March 2009 $41.67 $41.67 Repayment Received
April 2009 $41.67 $41.67 Repayment Received
May 2009 $41.67 $41.67 Repayment Received
June 2009 $41.67 $41.66 Repayment Received
July 2009 $41.67 $41.67 Repayment Received
August 2009 $41.67 $41.67 Repayment Received
September 2009 $41.63 $41.65 Repayment Received