Sothy VOR

Fishing is not an easy life and requires investment in good equipment. It provides an income for Sothy, her husband provide and their four children. Their joint income of about $10 per day is not enough for them to buy more gear. As the prime fishing season approaches, Sothy (36) requests a loan to buy nets and other equipment. This loan will provide a way of earning more and Sothy hopes to have enough left over to improve her living conditions.

loan blog

Update from the Field
Date: Monday, 5 May 2014 12:00 AM
From: Sothy VOR


[loanrecipientname] has made the last loan repayment. Over recent months, your funds were used to boost their business and contribute to the family budget. Extra capital generates higher income, and this has helped [loanrecipientname] start their journey out of poverty. We know from experience that once any household has some cash to spare, it will be spent on the children – providing more food, buying needed medicine, and keeping them in school. [loanrecipientname] is very grateful for your support!
Loan Update
Date: Friday, 14 July 2017 3:31 PM
From: Good Return
Good Return has received a loan request from Sothy VOR. This loan is due to be disbursed on the 27/06/2017 on the understanding that Good Return will raise funds from the public to finance it. Learn more about borrower disbursement dates.
Loan Update
Date: Sunday, 23 July 2017 12:56 PM
From: Good Return
Someone has just helped to fund Sothy VOR’s loan.
Loan Update
Date: Monday, 24 July 2017 8:21 PM
From: Good Return
Someone has just helped to fund Sothy VOR’s loan.
Loan Update
Date: Saturday, 29 July 2017 3:14 PM
From: Good Return
Michelle Haintz has just helped to fund Sothy VOR’s loan.
Fully Funded
Date: Saturday, 29 July 2017 3:14 PM
From: Good Return
Good news! The loan for Sothy VOR has now been fully funded.
Repayment
Date: Thursday, 31 May 2018 12:19 PM
From: TPC
Sothy VOR has made a repayment of 1000000.00 Cambodian Riel.

Repayments

Date Amount (KHR)  Notes
31 May 2018 1000000.00  Scheduled Payment
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about the borrower

Borrower Name
Sothy VOR
Location
Kratie Province
Country
Cambodia
Activity
Local Produce
Loan Use
Fishing gear
Term
12 Month
Posted
14 July 2017
Loan Status
Repaid Closed
Amount $350.00
Raised $350.00

about the field partner

Name of field partner
TPC (view profile)
Country
Cambodia
Time active
71 Month(s)
Rating
N/A
Delinquency rate
N/A
Default rate
N/A
 
 
 
 
 
 

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Quick facts about:
cambodia

Population 14305000
Capital Phnom Penh
Languages Khmer
Main Exports Rice Fish Timber
Currency KHR
GDP per capita $US 1848
 

Selected poverty indicators

Population living below US$2/day 56.5%
Life expectancy at birth 63.1
Adult illiteracy rate 22.4%
People without access to safe water 39%
Cambodia Loan Repayments
 
Most loans in Cambodia are repaid in a single final installment. In this case, you will receive only one repayment notification instead of monthly updates. This is because many of TPC's clients are farmers and are only able to repay their loan after they have sold their seasonal harvest.

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Michelle Haintz
 
 
 
 

Good Return is an Australian charity that provides microfinance and education to the poor in the Asia Pacific.
© Good Return 2014. Good Return is an initiative of World Education Australia, an Australian Aid accredited agency. ABN 39 106 279 225
World Education Australia is a member of the Australian Council for International Development (ACFID) and is a Public Benevolent Institution.