Pork Chein


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Pork Chein
Location: Phnom Penh City, Cambodia
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $1,000.00
Loan Use: To buy land for building a rental house
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 21, 2007
Date Disbursed: May 7, 2007
Date Funded:Apr 23, 2007
Loan Ended:Apr 24, 2008

About the Country

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



Pork Chein is 57 years old and makes hammocks for a living. (There is high demand for hammocks in Cambodia). She can usually earn about $5/day doing this, while her husband rents out a home and earns $2.50/day. They have 4 children, 2 of whom work in a garment factory, and 2 who are students.

She will use this loan to buy land for building a house on. She will then rent this house out to give her a little additional income. She hopes to continue this process in the future, as it is a safe way to make $70-100 extra income per month.



About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more


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Journal entries for Pork Chein


Loan has been disbursed
 
Entrepreneur: Pork Chein
Location: Phnom Penh City, Cambodia

Thank you for your loan. It has been disbursed to Pork Chein by CREDIT MFI -- World Relief in Cambodia. We are excited to watch this business grow. Over the next 12 - 15 months, CREDIT MFI -- World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Andrew Cashin from Phnom Penh City, Cambodia
Apr 24, 2007
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Kiva Help Repayment Schedule for Pork Chein

  Expected Repayments Actual Repayments Comments
August 2007 $83.33 $168.00 Repayment Received
September 2007 $83.33 $84.00 Repayment Received
October 2007 $83.33 $84.00 Repayment Received
November 2007 $83.33 $84.00 Repayment Received
December 2007 $83.33 $84.00 Repayment Received
January 2008 $83.33 $84.00 Repayment Received
February 2008 $83.33 $84.00 Repayment Received
March 2008 $83.33 $84.00 Repayment Received
April 2008 $83.33 $84.00 Repayment Received
May 2008 $83.33 $84.00 Repayment Received
June 2008 $83.33 $76.00 Repayment Received
July 2008 $83.37 $0.00 Repayment Received