Ban Nuoen


Status: Paying Back

$1,000.00   Loan Amount
61% repaid

About the Entrepreneur

Name: Ban Nuoen
Location: Kampong Cham Province, Cambodia
Activity: Recycling

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase a motorbike and fertilisers.
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 21, 2008
Date Disbursed: Nov 4, 2008
Date Funded:Oct 21, 2008

About the Country

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



Ban Nuoen, 48, is married and lives about 124 miles from the capital of Phnom Penh city, Cambodia. Living in the Kampong Cham, she and her husband typically make US$5 each day. She says every day she and her husband walk their bicycle to purchase recycling items from house to house in the village and sell them to the recycling plant. This couple together has seven children, three of who are married and no longer stay at home. Three other children are employed and only one is still a student. Besides their recycling business they also grow rice to earn a living as well, but their farming is just to support their family members.

Ban Nuoen would like to take out a loan through Kiva via CREDIT, a local partner, of US$1000 to purchase a motorbike to transport the recycling items. This will be an easier and faster way to transport the products. The rest of the money will be used to purchase fertilizers for her farm. For her future plans, she wants her children to complete at least high school and if they need to continue, she will strongly support them, even though she knows that she will spend a lot, as she wants them to get better jobs.


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Journal entries for Ban Nuoen


Loan has been disbursed
 
Entrepreneur: Ban Nuoen
Location: Kampong Cham Province, Cambodia

Thank you for your loan. It has been disbursed to Ban Nuoen 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 5, 2008
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Kiva Help Repayment Schedule for Ban Nuoen

  Expected Repayments Actual Repayments Comments
February 2009 $55.56 $55.56 Repayment Received
March 2009 $55.56 $55.56 Repayment Received
April 2009 $55.56 $55.56 Repayment Received
May 2009 $55.56 $55.56 Repayment Received
June 2009 $55.56 $55.56 Repayment Received
July 2009 $55.56 $55.56 Repayment Received
August 2009 $55.56 $55.56 Repayment Received
September 2009 $55.56 $55.56 Repayment Received
October 2009 $55.56 $55.56 Repayment Received
November 2009 $55.56 $55.56 Repayment Received
December 2009 $55.56 $55.56 Repayment Received
January 2010 $55.56 Available Jan 1  
February 2010 $55.56 Available Feb 1  
March 2010 $55.56 Available Mar 1  
April 2010 $55.56 Available Apr 1  
May 2010 $55.56 Available May 1  
June 2010 $55.56 Available Jun 1  
July 2010 $55.48 Available Jul 1