Chhit Sum's Group


Status: Paying Back

$1,200.00   Loan Amount
63% repaid

About the Group

Group Name: Chhit Sum's Group
Group Members: Chhit Sum
Teb Chea
Uong Sokhon
Tep Pov
Location: Phnom Penh City, Cambodia
Activity: Personal Purchases

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase a motor
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 14, 2009
Date Disbursed: May 25, 2009
Date Funded:Jun 22, 2009

About the Country

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



This small loan is for four borrowers who hope to use the loan for different purposes. Chhit Sum, 53, has been selected to be the leader by the other members. She is a widowed woman who has given birth to five children: three are single and the others are married and live independently. She stays at home to take care of her children and maintain a daily routine. The entire family’s daily expenses are covered by her four employed children: two daughters are garment workers, while her two sons work as blacksmiths in the village. Chhit Sum’s children have been facing difficulty with transportation for a long time. They always hire taxis to get to work. To cut down on the cost of transportation, Chhit Sum is applying for a loan to purchase a motor for her children to ride to work.


The other members who have joined this loan are:
Mr. Chea is a staff member for a gasoline station, seeking a loan to buy a motor for driving to work.
Mrs. Sokhon, 48, sells some vegetables in the market. She is asking for a loan to buy more vegetables to sell.
Mr. Pov is a community consultant adviser, requesting a loan to purchase grocery items for his wife to sell. He was not available for the photo so his wife is in the photo instead.





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

Lamar
Avoca, IA
United States

Kim
Kyoto,
Japan

Laurent D
Brussels,
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Darcy
Greenwood, Western Australia
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Good Dogg
Front Porch, www.kivafriends.org
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Rebecca
lexington, MA
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Shiv Shreya
Montreal, Quebec
Canada

Jeannine
Brewster, NY
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Jaspal
Geneve,
Switzerland

Phil & Jean
Honolulu, HI
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Claus-Peter
www.kivafriends.org,
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Tim
Fort Lauderdale, FL
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Billy Ray Valentine
Tokyo,
Japan

Phearoth (PB)
Long Beach, CA
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Jessie
Seattle, WA
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Deb
Lambertville, MI
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Julie
Central, Hong Kong
Hong Kong

sekimonryu
los angeles, CA
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Patricia
New York, NY
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Anonymous
richardson, TX
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Anonymous
San Mateo, CA
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Evelyn
Edmonds, WA
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Anonymous
Kambah, Australian Capital Territory
Australia

howard and maureen
pinole, CA
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Bluevegman
Ottenburg and,
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ARF
Columbus, OH
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Richard
Edmonton, Alberta
Canada

Karen
Arlington, VA
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Annabelle
Suffolk Park, New South Wales
Australia

Fred
Niehove, Groningen

Jens
Hamburg,
Germany

Raymond
Fort St John, British Columbia
Canada

C.K.

Canada

Emilia
Bad Endbach,
Germany

Rob
San Francisco, CA
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Stone Road
Toronto, Ontario
Canada

Agnese
Hong Kong,
Hong Kong

Michael
Dallas, TX
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Mary T
Erie, PA
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Alec

Switzerland

Shelia
Clover, SC
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Journal entries for Chhit Sum's Group


Loan has been disbursed
 
Entrepreneur: Chhit Sum's Group
Location: Phnom Penh City, Cambodia

Thank you for your loan. It has been disbursed to Chhit Sum's Group, consisting of Chhit Sum, Teb Chea, Uong Sokhon, Tep Pov by Hattha Kaksekar Limited (HKL), a partner of Save the Children in Cambodia. We are excited to watch this business grow. Over the 7 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 Phnom Penh City, Cambodia
Jun 23, 2009
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Kiva Help Repayment Schedule for Chhit Sum's Group

  Expected Repayments Actual Repayments Comments
August 2009 $152.00 $152.00 Repayment Received
September 2009 $152.00 $152.00 Repayment Received
October 2009 $152.00 $152.00 Repayment Received
November 2009 $152.00 $152.00 Repayment Received
December 2009 $152.00 $152.00 Repayment Received
January 2010 $152.00 Available Jan 1  
February 2010 $152.00 Available Feb 1  
March 2010 $136.00 Available Mar 1