Moeung Seng Heap


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Moeung Seng Heap
Location: Chamka Leu, Kampong Cham, Cambodia
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $600.00
Loan Use: $100 in fruit business and $500 to purchase a grinding mill to service for extra profit
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 12, 2008
Date Disbursed: Sep 26, 2008
Date Funded:Sep 12, 2008
Loan Ended:Oct 15, 2009

About the Country

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



Moeung Seng Heap is 56 years old and sells fruits and vegetables in the market to earn approximately $4.00 profit per day. Selling fruit has been a difficult business, as there is high inflation and weather conditions that have not been conducive to a good growing season. She is asking for a loan of US$600 to make two investments. She would like to invest US$100 in her fruit business, and also use US$500 to purchase a grinding mill to service for extra profit. She sees these investments as opportunities to increase her daily income. (Mrs. Moeung is pictured with her daughter.)

CREDIT MFI is an independent Cambodian faith-based organization. It aims to empower the economically active poor and small entrepreneurs by providing inclusive financial services.


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Loan has been disbursed
 
Entrepreneur: Moeung Seng Heap
Location: Chamka Leu, Kampong Cham, Cambodia

Thank you for your loan. It has been disbursed to Moeung Seng Heap by CREDIT, a partner of World Relief in Cambodia. We are excited to watch this business grow. Over the next 12 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 Chamka Leu, Kampong Cham, Cambodia
Sep 26, 2008
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Kiva Help Repayment Schedule for Moeung Seng Heap

  Expected Repayments Actual Repayments Comments
December 2008 $50.00 $50.00 Repayment Received
January 2009 $50.00 $50.00 Repayment Received
February 2009 $50.00 $50.00 Repayment Received
March 2009 $50.00 $50.00 Repayment Received
April 2009 $50.00 $50.00 Repayment Received
May 2009 $50.00 $50.00 Repayment Received
June 2009 $50.00 $50.00 Repayment Received
July 2009 $50.00 $50.00 Repayment Received
August 2009 $50.00 $50.00 Repayment Received
September 2009 $50.00 $50.00 Repayment Received
October 2009 $50.00 $50.00 Repayment Received
November 2009 $50.00 $50.00 Repayment Received