San Sim


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: San Sim
Location: Kompong Cham, Cambodia
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $500.00
Loan Use: To purchase a motorcycle to use to transport her vegetables and for her husband to use as a motorcycle taxi
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jul 28, 2008
Date Disbursed: Aug 11, 2008
Date Funded:Jul 28, 2008
Loan Ended:Sep 15, 2009

About the Country

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



Mrs. San Sim, 44, is vegetable seller in the market and earns about $2 per day. Her husband, Mr. Dan Dun, is a fisherman and earns about $1.50 per day. The couple has five children, one of whom is married. One of her other children is a bricklayer, and the other three are in primary school. They all live Rokar Thom Village, Kampong Cham Province.


Because of her interest in growing her business, Mrs. Sim is requesting a loan to purchase a motorcycle to use to transport her vegetables and for her husband to use as a motorcycle taxi. The motorcycle will allow her to run her business more efficiently, and also allow her husband to make more money with an additional job as a motorcycle-taxi driver. The motorcycle can also be used for family purposes.


About Hattha Kaksekar Limited (HKL):



Hattha Kaksekar Limited (HKL) is one of Cambodia's largest and most successful microfinance institutions (MFIs). It is committed to helping its clients achieve their business goals by providing sound financial services, and thereby hopes to contribute to the social and economic development of Cambodia. HKL specifically targets women and poor families in order to help them achieve increased financial security and quality of life, by offering various credit programs and encouraging savings. In accordance with its mission and its commitment to operational and financial sustainability, HKL contributes part of its net profits every year to support social development in education and healthcare.


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Journal entries for San Sim


Loan has been disbursed
 
Entrepreneur: San Sim
Location: Kompong Cham, Cambodia

Thank you for your loan. It has been disbursed to San Sim by Hattha Kaksekar Limited (HKL), a partner of Save the Children in Cambodia. We are excited to watch this business grow. Over the next 12 months, Hattha Kaksekar Limited (HKL), a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Phal Sovannarith from Kompong Cham, Cambodia
Jul 28, 2008
Comment on this entry

Kiva Field Update - Message from Kiva Fellow in Cambodia
 
Entrepreneur: San Sim
Location: Kompong Cham, Cambodia

Thank you for supporting a Kiva entrepreneur in Cambodia. My name is Drew Loizeaux, and I have been serving as a Kiva Fellow with one of Kiva’s partners in Cambodia, Hattha Kaksekar Limited (HKL), for the last three months. Working alongside the fantastic staff here, and meeting many of the clients that your loans have funded, has been a tremendously inspiring experience. Without you, the Kiva lenders, none of this would be possible.

Working at HKL with everyone from management to field staff, I have seen first hand the dedication to fostering these relationships. HKL staff serve their clients with an amazing amount of respect and understanding that, in turn, creates a great level of trust between both parties. The Kiva model flourishes with this trust, because many important details of the lives and businesses of the entrepreneurs that would otherwise be missed are passed on to the lenders.

Before I became a Kiva Fellow, my favorite part of the lending process was receiving updates on the Kiva entrepreneurs who I had lent to. It was like a small window into their lives, and it made me feel like I was able to make the world better in some small but tangible way. As a Kiva Fellow, visiting with clients and finding out about the borrowers’ progress is still my favorite part of working with Kiva.

Many of you have received updates on HKL loans, but I know many others have not. We have been working extremely hard to get as many journals as possible written, but with current staffing and the number of HKL loans on Kiva, we have been focusing on the loans that are ending soon. In the next year, we anticipate that you will receive individual updates on a large majority of your loans. In the meantime, I would like to share the videos and journals for three of my favorite meetings with Kiva Entrepreneurs during my time here. I hope you enjoy them!

Soch Han and her family make bricks from the earth on their property. When I went to visit with them, they were removing the bricks from the oven. This activity made a very interesting video, which you can watch here: http://www.youtube.com/watch?v=ofLQtOnADko&_te=mj. Read the entire journal of our visit on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=46326&_te=mj

Rom Chhoeuy sells fish and traditional fish paste at a local market. When I visited with her, I asked her what her hopes and dreams are for the future. When her kids realized that they were being videotaped, they were very excited about it and spent the whole time waving at me. You can see the video here: http://www.youtube.com/watch?v=kN-DBP1CLls&_te=mj. Read the whole journal on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=53965&_te=mj

Khean Tol has many business endeavors, including farming, raising pigs, making baskets, and making rice wine. When I went to visit her, she was in the middle of making a set of baskets and was kind enough so show me how she makes them. You can watch video of this here: http://www.youtube.com/watch?v=qNDJQrkc7UA&_te=mj. Read the whole journal on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=47715&_te=mj.

On behalf of Kiva and everyone here at HKL, thanks again for your loan and continued support of entrepreneurs in Cambodia.

Sincerely,

Drew Loizeaux,

Kiva Fellow with HKL

Phnom Penh, Cambodia


Posted by JD Bergeron, Kiva Staff, from San Francisco, United States
Jun 11, 2009
Comments (26)

Kiva Help Repayment Schedule for San Sim

  Expected Repayments Actual Repayments Comments
October 2008 $0.00 $42.00  
November 2008 $41.67 $42.00 Repayment Received
December 2008 $41.67 $0.00 Repayment Received
January 2009 $41.67 $41.01 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 $41.67 Repayment Received
July 2009 $41.67 $41.67 Repayment Received
August 2009 $41.67 $41.67 Repayment Received
September 2009 $41.67 $41.67 Repayment Received
October 2009 $41.63 $41.63 Repayment Received