Reth Mao


Status: Paid Back

$1,100.00   Loan Request
$1,100.00   Paid Back

About the Entrepreneur

Name: Reth Mao
Location: Banteay Meanchey, Cambodia
Activity: Restaurant

About the Loan

Loan Amount: $1,100.00
Loan Use: To purchase a store in which to operate her cooked rice business and to support her children's business
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 22, 2008
Date Disbursed: Nov 5, 2008
Date Funded:Oct 22, 2008
Loan Ended:Oct 15, 2009

About the Country

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



Mrs. Reth Mao is 48 years old and lives in Preah Punlea Commune, Banteay Meanchey Province. She is married to Mr. Him Samut, 53, who transports water to sell to customers at home; he has been selling since 2000 and earns about $5 per day. Reth has seven children, two of whom are married and five of whom live at home. Two of her children run a money-exchange business. Reth sells cooked rice with fried chicken and pork to customers in her area; she earns about $10 per day. To increase her family's income, Reth needs a loan of $1,100 to purchase a store in which to operate her cooked rice business; she will use the remainder of the loan for her children's business.

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Lenders to this entrepreneur

Anonymous
Berg en Dal,
Netherlands

manon
adlkjlh,
Netherlands

Leopold
St.Peter/Au,
Austria

Anonymous
dekalb, IL
United States

Nancy
Sedalia, Missouri
United States

Laurent D
Brussels,
Belgium

Isabel
Amadora, Lisboa
Portugal

neddotcom
worldwide, OR
United States

Anonymous
Hanwell, London
United Kingdom

Terry
KivaFriends.org , St. Louis, MO
United States

lilian
Soquel, CA
United States

Jeff

United States

Regan
London, Ontario
Canada

Michael
Hamilton, MI
United States

Gar
New York, NY
United States

Liv Airin
alfaz, Alicante
Spain

Carol
Gibsons, BC
Canada

Malcolm
San Rafael, CA
United States

Karen
Charlotte, NC
United States

UUFM-Micro
Mankato, MN
United States

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Jon
West Linn, OR
United States

paul and jane
stafford, staffs

Eileen
Bloomfield, NJ
United States

Nuri
D.F.,
Mexico

Asaf
Haifa,
Israel

Barbara
Rockford, IL
United States

myoho
London, London
United Kingdom

Benjee
Los Angeles, CA
United States

Gerard
London, London
United Kingdom

Andrea
CHicago, IL
United States

Karen
Wayne, NJ
United States

Glenn
North Vancouver, British Columbia
Canada

Cory
san diego, CA
United States

Chelsea
San Francisco, CA
United States



Top Lending Teams for this entrepreneur


Stanford University
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Netherlands
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634 Members

Belgium
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235 Members

Taiwan Gives
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Journal entries for Reth Mao


Loan has been disbursed
 
Entrepreneur: Reth Mao
Location: Banteay Meanchey, Cambodia

Thank you for your loan. It has been disbursed to Reth Mao by Hattha Kaksekar Limited (HKL), a partner of Save the Children in Cambodia. We are excited to watch this business grow. Over the next 10 months, Hattha Kaksekar Limited (HKL), a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Phal Sovannarith from Banteay Meanchey, Cambodia
Oct 22, 2008
Comment on this entry

Kiva Field Update - Message from Kiva Fellow in Cambodia
 
Entrepreneur: Reth Mao
Location: Banteay Meanchey, Cambodia

Thank you for supporting a Kiva entrepreneur in Cambodia. My name is Drew Loizeaux, and I have been serving as a Kiva Fellow with one of Kiva’s partners in Cambodia, Hattha Kaksekar Limited (HKL), for the last three months. Working alongside the fantastic staff here, and meeting many of the clients that your loans have funded, has been a tremendously inspiring experience. Without you, the Kiva lenders, none of this would be possible.

Working at HKL with everyone from management to field staff, I have seen first hand the dedication to fostering these relationships. HKL staff serve their clients with an amazing amount of respect and understanding that, in turn, creates a great level of trust between both parties. The Kiva model flourishes with this trust, because many important details of the lives and businesses of the entrepreneurs that would otherwise be missed are passed on to the lenders.

Before I became a Kiva Fellow, my favorite part of the lending process was receiving updates on the Kiva entrepreneurs who I had lent to. It was like a small window into their lives, and it made me feel like I was able to make the world better in some small but tangible way. As a Kiva Fellow, visiting with clients and finding out about the borrowers’ progress is still my favorite part of working with Kiva.

Many of you have received updates on HKL loans, but I know many others have not. We have been working extremely hard to get as many journals as possible written, but with current staffing and the number of HKL loans on Kiva, we have been focusing on the loans that are ending soon. In the next year, we anticipate that you will receive individual updates on a large majority of your loans. In the meantime, I would like to share the videos and journals for three of my favorite meetings with Kiva Entrepreneurs during my time here. I hope you enjoy them!

Soch Han and her family make bricks from the earth on their property. When I went to visit with them, they were removing the bricks from the oven. This activity made a very interesting video, which you can watch here: http://www.youtube.com/watch?v=ofLQtOnADko&_te=mj. Read the entire journal of our visit on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=46326&_te=mj

Rom Chhoeuy sells fish and traditional fish paste at a local market. When I visited with her, I asked her what her hopes and dreams are for the future. When her kids realized that they were being videotaped, they were very excited about it and spent the whole time waving at me. You can see the video here: http://www.youtube.com/watch?v=kN-DBP1CLls&_te=mj. Read the whole journal on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=53965&_te=mj

Khean Tol has many business endeavors, including farming, raising pigs, making baskets, and making rice wine. When I went to visit her, she was in the middle of making a set of baskets and was kind enough so show me how she makes them. You can watch video of this here: http://www.youtube.com/watch?v=qNDJQrkc7UA&_te=mj. Read the whole journal on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=47715&_te=mj.

On behalf of Kiva and everyone here at HKL, thanks again for your loan and continued support of entrepreneurs in Cambodia.

Sincerely,

Drew Loizeaux,

Kiva Fellow with HKL

Phnom Penh, Cambodia


Posted by JD Bergeron, Kiva Staff, from San Francisco, United States
Jun 11, 2009
Comments (26)

Kiva Help Repayment Schedule for Reth Mao

  Expected Repayments Actual Repayments Comments
February 2009 $110.00 $110.00 Repayment Received
March 2009 $110.00 $110.00 Repayment Received
April 2009 $110.00 $110.00 Repayment Received
May 2009 $110.00 $110.00 Repayment Received
June 2009 $110.00 $110.00 Repayment Received
July 2009 $110.00 $110.00 Repayment Received
August 2009 $110.00 $110.00 Repayment Received
September 2009 $110.00 $110.00 Repayment Received
October 2009 $110.00 $110.00 Repayment Received
November 2009 $110.00 $110.00 Repayment Received