Tuesday, November 30, 2010

Example of a Kiva Loan that can Make a Difference

I am so excited that we can help real people directly even if they are on the other side of the world. He is an example of a loan that can be found on Kiva and that your support during my read-o-thon will help me help people year after year.

Let me introduce you to Mrs. Kunthea Yern

About the Loan

Kompong Cham, Cambodia

Repayment Term: 14 months
Activity: Farming
Repayment Schedule: Monthly
Loan Use: To purchase a pumping machine to farm rice in the dry season

Mrs. Kunthea Yern, 35, is a rice farmer, who makes around $2 per day. She lives with her three children, two of whom are students and the another is a worker, in the Tropeanh Boeung Village, Kompong Cham Province. Her husband, Mr. Sokchea Kut, 34, is a farm worker, earning around $4 per day from farming other people's fields. With her sustainable business and desire to grow it in the future, Kunthea now requests a loan of riel 2,000,000 to purchase a pumping machine to farm rice in the dry season. With the income generated by her business, Kunthea will be able to support her family’s living expenses and her children’s studies.

Status: Paid Back

Loan Request
Disbursed : Nov 11, 2008
Listed: Oct 28, 2008
Funded: Oct 28, 2008
Paid Back
Ended: Dec 15, 2009

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