Kung Yuhan

Location:	Phnom Penh City, Cambodia	Repayment Term:	14 months (more info)
Activity:	Tailoring	Repayment Schedule:	Monthly
Loan Use:	To purchase sewing machines for her tailoring business	Currency Exchange Loss:	N/A
		Default Protection:	Covered

Kung Yuhan is 42 years old and lives with her husband and four children in Phnom Penh, Cambodia. Yuhan's husband is a moto-taxi driver and can make about $5 per day. Yuhan is a tailor at the local market and also makes about $5 per day. The couple has four children, all of whom are students. Yuhan hopes to use this loan to expand her tailoring business by purchasing more sewing machines. In the future, they hope to purchase a concrete house that is more sturdy for the rainy season. Eventually, they hope that they will be able to send their children to university.

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Journal entries for Kung Yuhan

Loan has been disbursed Entrepreneur: Kung Yuhan Location: Phnom Penh City, Cambodia Thank you for your loan. It has been disbursed to Kung Yuhan 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 Jun 7, 2007
Comment on this entry

Journal Update. Entrepreneur: Kung Yuhan Location: Phnom Penh City, Cambodia Kung Yuhan first heard about Credit’s low interest from a loan officer who visited her commune. She decided to ask for a loan because the interest rate of 2.5% per month is not very high and CREDIT provides a long loan term that she can afford. She took out a loan of $1000 to purchase more chewing machines. She has been pleased with the results of her investment and can see her business growing. The income has been increased and she has no problems paying a loan back to Credit MFI. She would like to say thanks to all lenders for interest helping Cambodian entrepreneurs like her family.
Posted by Vichet Ouch from Phnom Penh City, Cambodia Aug 4, 2008
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Repayment Schedule for Kung Yuhan

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	Expected Repayments	Actual Repayments	Comments
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	$84.00	Repayment Received
July 2008	$83.33	$84.00	Repayment Received
August 2008	$83.37	$76.00	Repayment Received