Sunday, December 2, 2007

Lorn Chea, Farmer

New Business Loan Request

Loan Amount: US$1,000
Loan Term: 20 months

Description of business plan: Mrs. Chea Lorn, 47, and her husband have been married since 1998. They have seven children, ages 4-30. Two are still in school, but the others are grown and working. Lorn is a farmer and weaver, two skills she utilizes seasonally. She learned to weave from her mother when she was a girl and has now passed on that skill to her own daughter. Her husband also farms.

Lorn is requesting a fourth loan from MAXIMA in the amount of $1,000. She will use this loan to pay for the plowing and preparation of their fields. Lorn has already sprouted her tomato, watermelon and potatoes, and the transplants are growing quickly in the shaded area she's prepared in front of her home. She will also purchase papaya for planting. Everything is almost ready to plant and she estimates it will take nearly a month to get everything in the ground. It will then be 3 months before she can begin picking the vegetables and a full year for the papaya. In the meantime, they will support the family with money from the loan. As an added source of income, a portion of this loan will also be used to purchase silk materials and pay for the preparation of the loom for her daughter to weave.


Loan Raised: $1,000

Lenders to this business:
Kay Columbia, MD KivaFriends.org
Olivia
TERRY CALGARY, Alberta
Joe Beaverton, OR
Laura Burlington, NC
LAS VEGAS, NV
Lending Hands Tallahassee, FL United States
Jennifer Annapolis, MD
Sarbjit San Francisco, CA
Hai Aliso Viejo, CA
San Antonio, TX
elaine bloomfield hills, MI
Minerva BELTSVILLE, MD
Judy Wyoming, MI
Girl Power loan club los angeles, CA
Nightfall Oklahoma City, OK
Flo Rocklin, CA
Danny
Scott Warrington, PA
William San Marcos, CA
Kenan
Naveen rochester hills, MI
William Saint Joseph, MO
Kenneth Federal Way, WA
Sandra Morgan Hill, CA
Walter Rodney, Ontario
Theresa Longmont, CO
Mercedes Wolfville, Nova Scotia
Zahava Hillside, NJ
John and Emily Bellingham, Washington
Cathy Bellingham, WA
ivey lafayette, AL
erik & jennifer Seattle, WA
Denise Prince George, British Columbia
Richard Tivoli, NY
Chris Yellowknife, Northwest Territories Canada
Cynthia New York, NY
Arsenia Covina, CA

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