Choeun Phouch


Status: Paying Back

$1,000.00   Loan Amount
72% repaid

About the Entrepreneur

Name: Choeun Phouch
Location: Kampong Cham Province, Cambodia
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $1,000.00
Loan Use: Purchase more fruit for his wife's business
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 28, 2008
Date Disbursed: Sep 12, 2008
Date Funded:Aug 29, 2008

About the Country

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



Choeun Phouch, 26, operates a motor-taxi service while his wife, Lim Sok Iai, runs a small fruit stand. They live in Kampong Cham with three young children, and they typically make US$ 3 each per day in their respective jobs.

Choeun Phouch has asked to take out a loan to help his wife's fruit business grow. He has asked for US$ 1000 to purchase more fruits to expand her inventory and provide more options for customers. The family believes that this can increase her customer base and also increase their income, so the whole family will benefit.

With any money that is left over, Choeun Phouch would like to purchase a new motorbike to improve his own business. A better motorbike will use less gasoline and provide a more attractive option for customers.


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Journal entries for Choeun Phouch


Loan has been disbursed
 
Entrepreneur: Choeun Phouch
Location: Kampong Cham Province, Cambodia

Thank you for your loan. It has been disbursed to Choeun Phouch 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
Sep 12, 2008
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Kiva Help Repayment Schedule for Choeun Phouch

  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