Chhoeurng Sambath's Group


Status: Paying Back

$350.00   Loan Amount
80% repaid

About the Group

Group Name: Chhoeurng Sambath's Group
Group Members: Chhoeurng Sambath
Mao Chea
Nuor Y
Dung Dy
Lonh Khuoch
Location: Siem Reap, Cambodia
Activity: Transportation

About the Loan

Loan Amount: $350.00
Loan Use: To purchase a bicycle and to be applied toward the other group members' fishing businesses.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 20, 2009
Date Disbursed: Apr 9, 2009
Date Funded:Apr 20, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:United States Dollars (USD)



There are five people requesting this small loan, all residents of the province of Siem Reap. The members have selected Mrs. Sambath, 45, to be the group leader. She is a good mother whose five children who are students pursuing individual studies and who still live in the family home. She works as a massage staff member in the hotel and gets a set salary of $80 a month to support her family's daily expenses. She is married to Mr. Chan, 38, who supports the family by fishing in and near Tunle Sap Lake. Sambath will use the loan to purchase a bicycle for her children so that they can ride it to their studies.


The other four borrowers are all local fisherwomen:


Mao Chea is looking for a loan to repair her old house.
Nuor Y is asking for a loan to buy fishing tools. (Nuor Y was not available for photographing so her husband is pictured instead.)
Dung Dy is applying for a loan to purchase a boat machine for her fishing business.
Lonh Khuoch is hoping for a loan to refurbish and decorate her house.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more


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Lenders to this group

Mikael
DDO, Quebec
Canada

Anonymous
Maple Valley, WA
United States

Todd
Ashburn, VA
United States

Danielle
New York, NY
United States

Jay & Ci
Oregon City, OR
United States

Christy
Boston, MA
United States

Stevana
Foster City, CA
United States

Wilma
Toronto, Ontario
Canada

Mercedes
Wolfville, Nova Scotia
Canada

DMama
cuyahoga falls, OH
United States

Claudette
New York, NY
United States



Top Lending Teams for this group

Journal entries for Chhoeurng Sambath's Group


Loan has been disbursed
 
Entrepreneur: Chhoeurng Sambath's Group
Location: Siem Reap, Cambodia

Thank you for your loan. It has been disbursed to Chhoeurng Sambath's Group, consisting of Chhoeurng Sambath, Mao Chea, Nuor Y, Dung Dy, Lonh Khuoch by Hattha Kaksekar Limited (HKL), a partner of Save the Children in Cambodia. We are excited to watch this business grow. Over the 8 months of this loan, Hattha Kaksekar Limited (HKL), a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Siem Reap, Cambodia
Apr 21, 2009
Comment on this entry

Kiva Field Update - Message from Kiva Fellow in Cambodia
 
Entrepreneur: Chhoeurng Sambath's Group
Location: Siem Reap, Cambodia

Thank you for supporting a Kiva entrepreneur in Cambodia. My name is Drew Loizeaux, and I have been serving as a Kiva Fellow with one of Kiva’s partners in Cambodia, Hattha Kaksekar Limited (HKL), for the last three months. Working alongside the fantastic staff here, and meeting many of the clients that your loans have funded, has been a tremendously inspiring experience. Without you, the Kiva lenders, none of this would be possible.

Working at HKL with everyone from management to field staff, I have seen first hand the dedication to fostering these relationships. HKL staff serve their clients with an amazing amount of respect and understanding that, in turn, creates a great level of trust between both parties. The Kiva model flourishes with this trust, because many important details of the lives and businesses of the entrepreneurs that would otherwise be missed are passed on to the lenders.

Before I became a Kiva Fellow, my favorite part of the lending process was receiving updates on the Kiva entrepreneurs who I had lent to. It was like a small window into their lives, and it made me feel like I was able to make the world better in some small but tangible way. As a Kiva Fellow, visiting with clients and finding out about the borrowers’ progress is still my favorite part of working with Kiva.

Many of you have received updates on HKL loans, but I know many others have not. We have been working extremely hard to get as many journals as possible written, but with current staffing and the number of HKL loans on Kiva, we have been focusing on the loans that are ending soon. In the next year, we anticipate that you will receive individual updates on a large majority of your loans. In the meantime, I would like to share the videos and journals for three of my favorite meetings with Kiva Entrepreneurs during my time here. I hope you enjoy them!

Soch Han and her family make bricks from the earth on their property. When I went to visit with them, they were removing the bricks from the oven. This activity made a very interesting video, which you can watch here: http://www.youtube.com/watch?v=ofLQtOnADko&_te=mj. Read the entire journal of our visit on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=46326&_te=mj

Rom Chhoeuy sells fish and traditional fish paste at a local market. When I visited with her, I asked her what her hopes and dreams are for the future. When her kids realized that they were being videotaped, they were very excited about it and spent the whole time waving at me. You can see the video here: http://www.youtube.com/watch?v=kN-DBP1CLls&_te=mj. Read the whole journal on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=53965&_te=mj

Khean Tol has many business endeavors, including farming, raising pigs, making baskets, and making rice wine. When I went to visit her, she was in the middle of making a set of baskets and was kind enough so show me how she makes them. You can watch video of this here: http://www.youtube.com/watch?v=qNDJQrkc7UA&_te=mj. Read the whole journal on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=47715&_te=mj.

On behalf of Kiva and everyone here at HKL, thanks again for your loan and continued support of entrepreneurs in Cambodia.

Sincerely,

Drew Loizeaux,

Kiva Fellow with HKL

Phnom Penh, Cambodia


Posted by JD Bergeron, Kiva Staff, from San Francisco, United States
Jun 11, 2009
Comments (26)

Kiva Help Repayment Schedule for Chhoeurng Sambath's Group

  Expected Repayments Actual Repayments Comments
July 2009 $47.00 $47.00 Repayment Received
August 2009 $47.00 $47.00 Repayment Received
September 2009 $47.00 $47.00 Repayment Received
October 2009 $47.00 $47.00 Repayment Received
November 2009 $47.00 $47.00 Repayment Received
December 2009 $47.00 $47.00 Repayment Received
January 2010 $47.00 Available Jan 1  
February 2010 $21.00 Available Feb 1