This loan is complete

This loan has been successfully completed. You can read all of Nai's updates below.

Nai Beng is
100% complete

Original loan requested: £555.75

Nai Beng is 25 years old and married with two children aged five and seven. She lives with her family in Sneng Keut village, Sneng commune, Banon district in Battambang province. Nai and her husband Et Soeurn are farmers. They have worked as farmers for about five years and cultivate around one hectare of rice paddy. The rice harvest is for their own consumption only. They also buy in bulk palm fruit and produce from this palm sugar. Nai has applied for a loan in order to buy wood and some zinc to build a new home. She intends to repay the loan over six months. Nai and her husband are also planning to eventually buy a second hand van to transport and sell fruit and vegetables from Cambodia over the border into Thailand.

Entrepreneur updates

Update on Nai Beng
2012-07-17 18:25:11

Update on Nai Beng

Earlier this year Nai Beng received a six month loan in order to finance some home improvements. With the loan she bought zinc and wood and rebuilt her home. She used the loan to pay the builders. The work finished some months ago and she is living in the house once again. Nai commented that the re-built house has more space and importantly when it rains the roof does not leak. Nai and her family live much more comfortably. She has made on time repayments - she just has one repayment left to make before completing the loan. She planted her wet season rice in May also. However, it is struggling to grow as there has been a lot less rainfall than usual so far.

Repayment schedule

Date Expected repayments Actual repayments
January 2012 £50.52 £58.33
February 2012 £84.21 £81.40
March 2012 £84.21 £80.67
April 2012 £84.21 £79.75
May 2012 £84.21 £82.18
June 2012 £84.21 £82.91
July 2012 £84.18 £82.21

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