Pen Cheng


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Pen Cheng
Location: Siem Reap Province, Cambodia
Activity: Fish Selling

About the Loan

Loan Amount: $500.00
Loan Use: To purchase more fishing tools.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 10, 2008
Date Disbursed: Nov 24, 2008
Date Funded:Dec 11, 2008
Loan Ended:May 20, 2009

About the Country

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



Pen Cheng, 38, is married and resides with her husband in the Siem Reap province of Cambodia. This couple together has two young school-aged children. Since 2005, she has been selling fish at the market to earn a living and is able to make $5 of profit a day. She often receives fish from her husband, who works as a fisherman. He gives his catch to his wife and the rest he sells to other fish sellers in the market. On average, he makes $4 of profit a day.
Pen Cheng spends $50 on food every month, $17 on utilities and $20 on children’s education.

Pen Cheng would like to take out a loan of $500 to purchase more fishing tools for her husband. This will allow her husband to catch more fish.


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Journal entries for Pen Cheng


Loan has been disbursed
 
Entrepreneur: Pen Cheng
Location: Siem Reap Province, Cambodia

Thank you for your loan. It has been disbursed to Pen Cheng by CREDIT, a partner of World Relief in Cambodia. We are excited to watch this business grow. Over the next 7 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 Siem Reap Province, Cambodia
Dec 12, 2008
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Kiva Help Repayment Schedule for Pen Cheng

  Expected Repayments Actual Repayments Comments
February 2009 $63.00 $63.00 Repayment Received
March 2009 $63.00 $63.00 Repayment Received
April 2009 $63.00 $63.00 Repayment Received
May 2009 $63.00 $63.00 Repayment Received
June 2009 $63.00 $248.00 Repayment Received
July 2009 $63.00 $0.00 Repayment Received
August 2009 $63.00 $0.00 Repayment Received
September 2009 $59.00 $0.00 Repayment Received