Mech Phon


Status: Paying Back

$500.00   Loan Amount
53% repaid

About the Entrepreneur

Name: Mech Phon
Location: Trapaing Sva Village, Cambodia
Activity: Motorcycle Transport

About the Loan

Loan Amount: $500.00
Loan Use: To ask for a loan to buy a motorbike for her child to go to work.
Repayment Term: 19 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 1, 2009
Date Disbursed: Jan 6, 2009
Date Funded:Feb 5, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,116.7500 KHR = 1 USD



Mrs. Mech Phon is a villager in Trapaing Sva village in Kandal province. She is a dessert seller. She is a 48-year-old widow with two children who are employed in a garment factory. Since her children work far from the house, they usually pay much money for motorbike taxi for transportation. Thus, Mrs. Mech Phon is requesting a loan to buy a motorbike for her child to go to work. She hopes to reduce her expenses and make it easier for her children to work.

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Journal entries for Mech Phon


Loan has been disbursed
 
Entrepreneur: Mech Phon
Location: Trapaing Sva Village, Cambodia

Thank you for your loan. It has been disbursed to Mech Phon by AMK in Cambodia. We are excited to watch this business grow. Over the 17 months of this loan, AMK will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Trapaing Sva Village, Cambodia
Feb 6, 2009
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Kiva Help Repayment Schedule for Mech Phon

  Expected Repayments Actual Repayments Comments
April 2009 $55.60 $55.60 Repayment Received
May 2009 $27.80 $27.80 Repayment Received
June 2009 $27.80 $27.80 Repayment Received
July 2009 $27.80 $27.80 Repayment Received
August 2009 $27.80 $19.48 Repayment Received
September 2009 $27.80 $3.18 Repayment Received
October 2009 $27.80 $60.74 Repayment Received
November 2009 $27.80 $0.00 Repayment Received
December 2009 $27.80 $42.83  
January 2010 $27.80 Available Jan 1  
February 2010 $27.80 Available Feb 1  
March 2010 $27.80 Available Mar 1  
April 2010 $27.80 Available Apr 1  
May 2010 $27.80 Available May 1  
June 2010 $27.80 Available Jun 1  
July 2010 $27.80 Available Jul 1  
August 2010 $27.40 Available Aug 1