Kong Thoeun


Status: Paying Back

$600.00   Loan Amount
66% repaid

About the Entrepreneur

Name: Kong Thoeun
Location: Tboung Khmum District, Cambodia
Activity: Grocery Store

About the Loan

Loan Amount: $600.00
Loan Use: To add inventory to her grocery business
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 17, 2008
Date Disbursed: Oct 1, 2008
Date Funded:Sep 17, 2008

About the Country

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



Kong Thoeun, 52, is married and lives with her three children in Kampong Cham, Cambodia. Since 2002, she has had a business selling groceries from her home to earn a living, and is able to make US$4.50 in profits per day. She is aided by one of her children who also works as a construction worker building houses. She told a loan officer that every month she has to spend around US$65 on food, US$5 on utilities, US$15 on transportation, and US$10 on other expenses. Kong is requesting loan to add to her grocery's inventory to satisfy her customers. (Kong is pictured with her husband outside their home.)

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Lenders to this entrepreneur

Lucas & Diana Hanscom

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nonpublished.com
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Kelly
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Casey
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Anonymous

Hugo Penedones
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Ruy
London, London
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Leonid
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Bev and Jim
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Jim
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Dang
anaheim, CA
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Chris & Les
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Melissa
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Top Lending Teams for this entrepreneur


Poverty2Prosperity.org - Poverty-Escape
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Journal entries for Kong Thoeun


Loan has been disbursed
 
Entrepreneur: Kong Thoeun
Location: Tboung Khmum District, Cambodia

Thank you for your loan. It has been disbursed to Kong Thoeun 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 Tboung Khmum District, Cambodia
Oct 1, 2008
Comment on this entry

Journal Update
 
Entrepreneur: Kong Thoeun
Location: Tboung Khmum District, Cambodia

Recently a loan officer visited Kong Thoeun to check how she used the loan. She told to a loan officer that she raised pigs, cows and reinvested in her grocery store, diversified her products to meet her client's demand. She has been very happy with the results of her investment and can see her businesses growing. Currently, she is able to make US$5 per day. With this profit, she can save up to US$10 each week. She also complained her grocery business. Some of her customers took the products and except the payment more than a month. This issue find her difficult to reinvest in her business in the future.

Thank you so much for your generosity and kindness toward Kong Thoeun and her family. CREDIT appreciates your help and looks forward to partnering with you again in the future to continue to provide quality financial services to Cambodia's poor entrepreneurs.


Posted by Vichet Ouch from Tboung Khmum District, Cambodia
Oct 7, 2009
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Kiva Help Repayment Schedule for Kong Thoeun

  Expected Repayments Actual Repayments Comments
January 2009 $33.33 $33.33 Repayment Received
February 2009 $33.33 $33.33 Repayment Received
March 2009 $33.33 $33.33 Repayment Received
April 2009 $33.33 $33.33 Repayment Received
May 2009 $33.33 $33.33 Repayment Received
June 2009 $33.33 $33.33 Repayment Received
July 2009 $33.33 $33.33 Repayment Received
August 2009 $33.33 $33.33 Repayment Received
September 2009 $33.33 $33.33 Repayment Received
October 2009 $33.33 $33.33 Repayment Received
November 2009 $33.33 $33.33 Repayment Received
December 2009 $33.33 $33.33 Repayment Received
January 2010 $33.33 Available Jan 1  
February 2010 $33.33 Available Feb 1  
March 2010 $33.33 Available Mar 1  
April 2010 $33.33 Available Apr 1  
May 2010 $33.33 Available May 1  
June 2010 $33.39 Available Jun 1