Riem Por's Group


Status: Paying Back

$800.00   Loan Amount
60% repaid

About the Group

Group Name: Riem Por's Group
Group Members: Riem Por
Chea Koy
Phiech Sery
Luoyh Ao
Location: Siem Reap, Cambodia
Activity: Fish Selling

About the Loan

Loan Amount: $800.00
Loan Use: To buy more fish to sell
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 21, 2009
Date Disbursed: Apr 10, 2009
Date Funded:Apr 21, 2009

About the Country

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



This is a small loan for four people, all residents of Siem Reap Province. Mrs. Riem Por has been selected by the members to be leader of the group. Mrs. Por and her husband currently make a daily profit by selling fresh fish in the local market. Since 2000, they have been investing in their business. The humble couple has five children who are still single; one of them works as a requirement worker. The family's business of selling fish is going well because they have skills to attract the customers to buy their products. Due to the business growing and to fulfill the customer's purpose, Por is applying for a loan to buy more fish to sell. The other borrowers include:
Mrs. Koy, a local fish supplier who is looking for a loan to increase her business capital.
Mrs. Sery, a fish seller who seeks a loan to repair a farming machine.
Mrs. Ao, a fish seller who is applying for a loan to add capital to her business.



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

Subscribe

Lenders to this group

Candice
Olympia, WA
United States

Justin
San Francisco, California
United States

Bix
Seattle, WA
United States

Melanie
Chicago, IL
United States

Vishal
Vienna, VA
United States

Teressa
Cullman, Alabama
United States

Grace-Faith Issues
Olathe, KS
United States

Mae & Richard
Oakland, CA
United States

Denis & Sara

Belgium

Nellie
Amsterdam,
Netherlands

Chris
Moses Lake, WA
United States

Grace
Amersfoort,
Netherlands

James
Lakewood, CO
United States

Diem-Thi
Irvine, CA
United States

Kenta
Shinjyuku-ku, Tokyo
Japan

Mikkel
Oslo, Oslo
Norway

Haden Smith
Valrico, FL
United States

George
Zimmerman, MN
United States

Theresa
Carrollton, TX
United States

Brian
Beckley, WV
United States

Josh
Elgin, IL
United States

David
Mountain View, CA
United States

Madeline Miraglia
Los Gatos, CA
United States

Benjee
Los Angeles, CA
United States

Martin
Gallup, NM

Carrie
Surrey, British Columbia
Canada

Jordan
San Diego, CA
United States

stanley
millington, TN
United States

Lauri
Helsinki, Uusimaa
Finland



Top Lending Teams for this group


Sigma Alpha Epsilon
Alumni Groups
4 Members

Netherlands
Local Area
634 Members

Tampa Bay, Florida
Local Area
74 Members

Team Europe
Local Area
1245 Members

mille amies
Friends
1 Member

Journal entries for Riem Por's Group


Loan has been disbursed
 
Entrepreneur: Riem Por's Group
Location: Siem Reap, Cambodia

Thank you for your loan. It has been disbursed to Riem Por's Group, consisting of Riem Por, Chea Koy, Phiech Sery, Luoyh Ao by Hattha Kaksekar Limited (HKL), a partner of Save the Children in Cambodia. We are excited to watch this business grow. Over the 10 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 22, 2009
Comment on this entry

Kiva Field Update - Message from Kiva Fellow in Cambodia
 
Entrepreneur: Riem Por'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 Riem Por's Group

  Expected Repayments Actual Repayments Comments
July 2009 $80.00 $80.00 Repayment Received
August 2009 $80.00 $80.00 Repayment Received
September 2009 $80.00 $80.00 Repayment Received
October 2009 $80.00 $80.00 Repayment Received
November 2009 $80.00 $80.00 Repayment Received
December 2009 $80.00 $80.00 Repayment Received
January 2010 $80.00 Available Jan 1  
February 2010 $80.00 Available Feb 1  
March 2010 $80.00 Available Mar 1  
April 2010 $80.00 Available Apr 1