Mr. Sophal Uy's Village Bank Group
Status: Paying Back
| $3,375.00 | Loan Amount |
|---|
About the Group
| Group Name: | Mr. Sophal Uy's Village Bank Group |
|---|---|
| Group Members: |
Sophal Uy Sav Oem Ann Cheng Sam Arth Oun Saret But Kolab Yoem Kim Keo Chanthy Phan Saroen Hun Choun Shum Samnang Vong Sothy Kaom Keng Moav Phorn Chea Sithol Buth Phally Chan Sopheap Mov Sopheak But Chankosal Khut Choen Nou Shitha But Vannak Hor Pok Tuy Pheach Phorn |
| Location: | Preak Svay Village, Cambodia |
| Activity: | Farming |
About the Loan
| Loan Amount: | $3,375.00 |
|---|---|
| Loan Use: | to buy hoses and cultivate rice |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 1, 2009 |
| Date Disbursed: | Apr 3, 2009 |
| Date Funded: | May 23, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | AMK (Angkor Microfinance Kampuchea) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 21 months |
| Kiva Entrepreneurs: | 18202 |
| Total Loans: | $3,094,975 |
| Delinquency Rate: | N/A - see note |
| Default Rate: | 0.00% (see note) |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Cambodia |
|---|---|
| Avg Annual Income: | $2,600.00 |
| Currency: | Cambodia Riels (KHR) |
| Exchange Rate: | 4,150.7000 KHR = 1 USD |
In their growing, they face an obstacle because their field is far from the irrigation system. Thus, Mr. Sophal Uy decided to ask for a loan to buy hoses, and he would use the rest of money to cultivate rice. He is 45 years old and the father of six children, one of whom is a construction worker while two others are farmers; two are enrolled in the local school and the remaining one is too young to work or study.
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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Journal entries for Mr. Sophal Uy's Village Bank Group
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Loan has been disbursed
Location: Preak Svay Village, Cambodia
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Posted by
from Preak Svay Village, Cambodia
May 24, 2009 |
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Comment on this entry
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Repayment Schedule for Mr. Sophal Uy's Village Bank Group
Repayment Schedule for Mr. Sophal Uy's Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $281.26 | $281.26 |  Repayment Received
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| August 2009 | $281.26 | $562.52 | Repayment Received
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| September 2009 | $281.26 | $0.00 | Repayment Received
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| October 2009 | $281.26 | $281.26 | Repayment Received
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| November 2009 | $281.26 | $281.26 | Repayment Received
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| December 2009 | $281.26 | $281.26 | Repayment Received
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| January 2010 | $281.26 | Available Jan 1 | |||
| February 2010 | $281.26 | Available Feb 1 | |||
| March 2010 | $281.26 | Available Mar 1 | |||
| April 2010 | $281.26 | Available Apr 1 | |||
| May 2010 | $281.26 | Available May 1 | |||
| June 2010 | $281.14 | Available Jun 1 | |||
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