Mrs. Phalla Tuy Village Bank Group


Status: Paying Back

$1,325.00   Loan Amount
54% repaid

About the Group

Group Name: Mrs. Phalla Tuy Village Bank Group
Group Members: Phalla Tuy
Sina Moeng
Huo Nget
Kum Un
Aun Moeng
Phearun But
Saraoth But
Roeurng Pov
Sot Choek
Srey Pov Eang
Location: Trapeang Trayueng Village, Cambodia
Activity: Pigs

About the Loan

Loan Amount: $1,325.00
Loan Use: To buy pig food and piglets to breed.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 1, 2009
Date Disbursed: Apr 6, 2009
Date Funded:May 23, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,150.7000 KHR = 1 USD



Ten people living in Trapeang Trayueng village in Takeo province comprise this village bank loan group. They will use this loan for various purposes. Mrs. Phalla Tuy is the 37 year old village bank president. She is a farmer who owns a one hectare field of land where she cultivates rice. Her husband, Mr. Kheav Phally, is a Tok Tok taxi driver (motorized bicycle taxi). Although they try to work hard they still don’t earn enough income to support their family. In order to improve their living situation, Mrs. Phalla Tuy has decided to ask for a loan to buy pig food and piglets to breed. She hopes to increase their income and improve her family’s living conditions with this loan. She has four children, one of whom is employed while the others are attending the local school.



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 Mrs. Phalla Tuy Village Bank Group


Loan has been disbursed
 
Entrepreneur: Mrs. Phalla Tuy Village Bank Group
Location: Trapeang Trayueng Village, Cambodia

Thank you for your loan. It has been disbursed to Mrs. Phalla Tuy Village Bank Group, consisting of Phalla Tuy, Sina Moeng, Huo Nget, Kum Un, Aun Moeng, Phearun But, Saraoth But, Roeurng Pov, Sot Choek, Srey Pov Eang by AMK in Cambodia. We are excited to watch this business grow. Over the 12 months of this loan, AMK will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Trapeang Trayueng Village, Cambodia
May 24, 2009
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Kiva Help Repayment Schedule for Mrs. Phalla Tuy Village Bank Group

  Expected Repayments Actual Repayments Comments
July 2009 $110.44 $110.44 Repayment Received
August 2009 $110.44 $110.44 Repayment Received
September 2009 $110.44 $110.44 Repayment Received
October 2009 $110.44 $192.20 Repayment Received
November 2009 $110.44 $100.21 Repayment Received
December 2009 $110.44 $100.31 Repayment Received
January 2010 $110.44 Available Jan 1  
February 2010 $110.44 Available Feb 1  
March 2010 $110.44 Available Mar 1  
April 2010 $110.44 Available Apr 1  
May 2010 $110.44 Available May 1  
June 2010 $110.16 Available Jun 1