Nhem Rarn


Status: Paying Back

$900.00   Loan Amount
61% repaid

About the Entrepreneur

Name: Nhem Rarn
Location: Kampong Cham Province, Cambodia
Activity: Soft Drinks

About the Loan

Loan Amount: $900.00
Loan Use: Nhem would like to purchase fertilizers and bean seeds.
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 19, 2008
Date Disbursed: Nov 3, 2008
Date Funded:Oct 20, 2008

About the Country

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



Nhem Rarn, 50, is married and lives with her husband in Kampong Cham, Cambodia. She works selling palm juice to the people in the village to earn a living and is able to make about US$2 each day, while her husband is a farmer. Farming is hard as the weather conditions are bad and inflation caused the prices of goods to skyrocket. Fertilizers, seed and gas are extremely expensive. This couple has six children, one of whom is married and no longer lives at home, while two are employed and two others are students. Nhem Rarn would like to take out a loan of US$900 to purchase fertilizers and bean seeds for her husband to grow.

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Journal entries for Nhem Rarn


Loan has been disbursed
 
Entrepreneur: Nhem Rarn
Location: Kampong Cham Province, Cambodia

Thank you for your loan. It has been disbursed to Nhem Rarn 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
Nov 4, 2008
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Kiva Help Repayment Schedule for Nhem Rarn

  Expected Repayments Actual Repayments Comments
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
December 2009 $50.00 $50.00 Repayment Received
January 2010 $50.00 Available Jan 1  
February 2010 $50.00 Available Feb 1  
March 2010 $50.00 Available Mar 1  
April 2010 $50.00 Available Apr 1  
May 2010 $50.00 Available May 1  
June 2010 $50.00 Available Jun 1  
July 2010 $50.00 Available Jul 1