Vorng Nen


Status: Paying Back

$500.00   Loan Amount
72% repaid

About the Entrepreneur

Name: Vorng Nen
Location: Chhouk Village, Cambodia
Activity: Cattle

About the Loan

Loan Amount: $500.00
Loan Use: To buy two cows to start a cow-breeding business
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 5, 2008
Date Disbursed: Sep 19, 2008
Date Funded:Sep 5, 2008

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,133.3000 KHR = 1 USD



This is the second time of Mrs. Vorng Nen has sought a loan to improve her living conditions. She is a farmer in Chhouk Village in Kampong Chhang Province. Her husband, Mr. Korng Hun, uses a motorbike to transport coal to sell door-to-door. Although Mrs. Vorng Nen and her husband have different businesses, they have had difficulty improving their standard of living. Thus, Mrs. Vorng Nen has decided to seek a loan to buy two cows for starting a cow-breeding business. Mrs. Vorng Nen is 37 years old and the mother of two children who are both too young to work or attending school. Previously, Mrs. Vorng Nen had obtained a loan from AMK to buy a cart for her husband's business, which she has fully paid back.

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Ann
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Janice
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Kolby
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Arizona State University (ASU) Students/Alumni
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73 Members

Journal entries for Vorng Nen


Loan has been disbursed
 
Entrepreneur: Vorng Nen
Location: Chhouk Village, Cambodia

Thank you for your loan. It has been disbursed to Vorng Nen by Angkor Mikroheranhvatho Kampuchea (AMK) in Cambodia. We are excited to watch this business grow. Over the next 18 months, Angkor Mikroheranhvatho Kampuchea (AMK) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Sanjaya Punyasena from Chhouk Village, Cambodia
Sep 7, 2008
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Kiva Help Repayment Schedule for Vorng Nen

  Expected Repayments Actual Repayments Comments
December 2008 $27.78 $28.00 Repayment Received
January 2009 $27.78 $27.56 Repayment Received
February 2009 $27.78 $27.78 Repayment Received
March 2009 $27.78 $27.78 Repayment Received
April 2009 $27.78 $27.78 Repayment Received
May 2009 $27.78 $27.78 Repayment Received
June 2009 $27.78 $27.77 Repayment Received
July 2009 $27.78 $27.78 Repayment Received
August 2009 $27.78 $27.78 Repayment Received
September 2009 $27.78 $27.79 Repayment Received
October 2009 $27.78 $27.78 Repayment Received
November 2009 $27.78 $27.78 Repayment Received
December 2009 $27.78 $27.78 Repayment Received
January 2010 $27.78 Available Jan 1  
February 2010 $27.78 Available Feb 1  
March 2010 $27.78 Available Mar 1  
April 2010 $27.78 Available Apr 1  
May 2010 $27.74 Available May 1