Lois Phoan


Status: Paying Back

$1,000.00   Loan Amount
72% repaid

About the Entrepreneur

Name: Lois Phoan
Location: Kampong Chnang Province, Cambodia
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase more construction tools for her husband to facilitate his work.
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 25, 2008
Date Disbursed: Sep 13, 2008
Date Funded:Aug 30, 2008

About the Country

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



Mrs. Lois Phoan, 35, sells a range of vegetables to the people in her community. In the early morning she buys vegetables from a broker and she begins reselling them from 7am until 2pm. Her daily income of $1.80 US is barely enough to cover her household’s expenses and her children's education.


To ease the financial constraint in the family, her husband is working as a construction foreman making around $4 each day. One of her children also works in construction, while her other four are students. Watching her husband do laborious construction work from day to day, Mrs. Lois Phoan would like to purchase more construction tools for him to do his job both faster and easier.


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Journal entries for Lois Phoan


Loan has been disbursed
 
Entrepreneur: Lois Phoan
Location: Kampong Chnang Province, Cambodia

Thank you for your loan. It has been disbursed to Lois Phoan 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 Chnang Province, Cambodia
Sep 13, 2008
Comment on this entry

Journal Update
 
Entrepreneur: Lois Phoan
Location: Kampong Chnang Province, Cambodia

Lois Phoan is a vegetables seller in the community. She makes a meager of sum to raise the family. Her husband is a construction foreman and he often do the construction in the village. Lois Phoan took out a loan of US$1000 to purchase a construction tools for her husband to expand his business. Unfortunately, there are less construction for her husband. Since her husband makes less profit, she face a difficulty of paying a loan back. She wishes the economic will come back to normal so her family will have chance to earn more money.


Posted by Vichet Ouch from Kampong Chnang Province, Cambodia
Aug 17, 2009
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Kiva Help Repayment Schedule for Lois Phoan

  Expected Repayments Actual Repayments Comments
December 2008 $55.56 $56.00 Repayment Received
January 2009 $55.56 $55.12 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 $55.56 Available Mar 1  
April 2010 $55.56 Available Apr 1  
May 2010 $55.48 Available May 1