Soam Pum


Status: Paid Back

$625.00   Loan Request
$625.00   Paid Back

About the Entrepreneur

Name: Soam Pum
Location: Prey Veng Province, Cambodia
Activity: Food Production/Sales

About the Loan

Loan Amount: $625.00
Loan Use: To purchase a motorbike
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 12, 2008
Date Disbursed: Oct 26, 2008
Date Funded:Oct 12, 2008
Loan Ended:Nov 15, 2009

About the Country

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



Soam Pum, 52, is one of the vendors who sells many kinds of vegetables, fish, and grocery items in her village. She lives with three of her children in Prey Veng, Cambodia. She has been selling since 2007 to earn a living and is able to make around US$1 of profit each day. Before 2007, she worked with her husband growing rice but she changed to her business to help double the family income. Her husband, Chhet Bou, 55, still works on his rice field and normally he makes less than US$1 each day. He said planting rice is just to support the family members.

Normally, people in the village grow rice two times each year. In the dry season, they grow a kind of rice that bears during 3-4 months and in the rainy season, they grow another kind of rice that can bear during 6-7 months. But both seasons the farmers need enough water or the crop will be damaged. Rice plants are easily spoilt if there is too much or too little water.

Soam Pun is requesting a loan of US$625 to purchase a motorbike to transport her vegetables and grocery items to sell in the village.


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Journal entries for Soam Pum


Loan has been disbursed
 
Entrepreneur: Soam Pum
Location: Prey Veng Province, Cambodia

Thank you for your loan. It has been disbursed to Soam Pum 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 Kiry Ponnak Pa from Prey Veng Province, Cambodia
Oct 15, 2008
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Kiva Help Repayment Schedule for Soam Pum

  Expected Repayments Actual Repayments Comments
January 2009 $52.08 $52.08 Repayment Received
February 2009 $52.08 $52.08 Repayment Received
March 2009 $52.08 $52.08 Repayment Received
April 2009 $52.08 $52.08 Repayment Received
May 2009 $52.08 $52.08 Repayment Received
June 2009 $52.08 $52.07 Repayment Received
July 2009 $52.08 $52.08 Repayment Received
August 2009 $52.08 $52.08 Repayment Received
September 2009 $52.08 $52.09 Repayment Received
October 2009 $52.08 $52.08 Repayment Received
November 2009 $52.08 $52.08 Repayment Received
December 2009 $52.12 $52.12 Repayment Received