Mrs. Sokhoen Toem Village Bank Group
Status: Paying Back
| $3,950.00 | Loan Amount |
|---|
41% repaid
About the Group
| Group Name: | Mrs. Sokhoen Toem Village Bank Group |
|---|---|
| Group Members: |
Sokhoen Toem Kimsrorn Kea Samon Teav Sreng Ung Chanthy Seang Chhorvy Prak Sareom Bun Sarorn Koem Sarorn Neang Sony Chea Sokhom Prang Nheob Sok Chanphal Naov Chanthoen Chea Hun En Phat Sokh Nai Eng Poch Shivutha Toek Crech Prang Tha Chan Sinav Sieng Sotay Ven Kunthea Sum Vasna Heng Punlork Brak Ya Chea Phirum Koem |
| Location: | Popeal Khae Village, Cambodia |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $3,950.00 |
|---|---|
| Loan Use: | To request a loan to purchase more grocery products to support her customers. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 1, 2009 |
| Date Disbursed: | May 5, 2009 |
| Date Funded: | Jun 20, 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: | 18052 |
| Total Loans: | $3,071,150 |
| 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: | 4,126.0000 KHR = 1 USD |
The village bank, which consists of 27 members, is located in Popeal Khae village in Kandal province. Its members plan to use this loan for different purposes. They have elected Mrs. Sokhoen Toem as the village bank president. She is a grocer who owns a small store. Since her business is doing well, she has many of customers who have a variety of demands. She has requested this loan to purchase more goods for her store to support her customers' needs. In doing so, she hopes to increase her income and improve her business.
Her husband, Mr. Heng Vachar, uses a motorbike with cart to deliver goods to earn money. Mrs. Sokhoen Toem is 29 years old and the mother of two children, one of whom is attending the local school while the other 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
Her husband, Mr. Heng Vachar, uses a motorbike with cart to deliver goods to earn money. Mrs. Sokhoen Toem is 29 years old and the mother of two children, one of whom is attending the local school while the other 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 Mrs. Sokhoen Toem Village Bank Group
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Loan has been disbursed
Location: Popeal Khae Village, Cambodia
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Posted by
from Popeal Khae Village, Cambodia
Jun 21, 2009 |
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Comments (1)
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Repayment Schedule for Mrs. Sokhoen Toem Village Bank Group
Repayment Schedule for Mrs. Sokhoen Toem Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $329.17 | $329.17 |  Repayment Received
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| September 2009 | $329.17 | $329.17 | Repayment Received
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| October 2009 | $329.17 | $329.17 | Repayment Received
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| November 2009 | $329.17 | $329.17 | Repayment Received
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| December 2009 | $329.17 | $329.17 | Repayment Received
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| January 2010 | $329.17 | Available Jan 1 | |||
| February 2010 | $329.17 | Available Feb 1 | |||
| March 2010 | $329.17 | Available Mar 1 | |||
| April 2010 | $329.17 | Available Apr 1 | |||
| May 2010 | $329.17 | Available May 1 | |||
| June 2010 | $329.17 | Available Jun 1 | |||
| July 2010 | $329.13 | Available Jul 1 | |||
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