Mrs. Samnang Hong Village Bank Group
Status: Paying Back
| $2,600.00 | Loan Amount |
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33% repaid
About the Group
| Group Name: | Mrs. Samnang Hong Village Bank Group |
|---|---|
| Group Members: |
Samnang Hong Saroen Sam Srey Bou Leang Hot Choun Savun In Suth Kung Koen Nai Sokhoen Chea Yong Leng Sun Choum Vanna Vann Thy Meoun Saren Phorn Sa Rom Ne Sok Ry Pech Vanny Sem |
| Location: | Tareap Doun Village, Cambodia |
| Activity: | Fishing |
About the Loan
| Loan Amount: | $2,600.00 |
|---|---|
| Loan Use: | To buy more fishnets to help her husband’s fishing. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Jul 13, 2009 |
| Date Disbursed: | Jun 24, 2009 |
| Date Funded: | Jul 23, 2009 |
About the Field Partner
About the Field Partner
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| 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: | 4,154.0000 KHR = 1 USD |
Sixteen people living in Tareap Doun village in Kandal province comprise this village bank loan, and they will use the loan for various purposes. Mrs. Samnang Hong is the 40 year old village bank president. She sells fish which her husband, Mr. Ho Saroeun, fishes from the lake. Although they try to work hard, they don't earn enough income to support their family. Thus, Mrs. Samnang Hong decided to ask for a loan to buy more fishnets to help her husband’s fishing. This couple has five children, four of whom are enrolled in the local school while the youngest one is too young to work or study. Mrs. Sun Choum could not be present for the picture, so her husband is shown in the picture 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
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. Samnang Hong Village Bank Group
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Loan has been disbursed
Location: Tareap Doun Village, Cambodia
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Posted by
from Tareap Doun Village, Cambodia
Jul 24, 2009 |
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Comment on this entry
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Repayment Schedule for Mrs. Samnang Hong Village Bank Group
Repayment Schedule for Mrs. Samnang Hong Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $216.84 | $216.84 |  Repayment Received
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| October 2009 | $216.84 | $216.84 | Repayment Received
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| November 2009 | $216.84 | $216.84 | Repayment Received
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| December 2009 | $216.84 | $216.84 | Repayment Received
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| January 2010 | $216.84 | Available Jan 1 | |||
| February 2010 | $216.84 | Available Feb 1 | |||
| March 2010 | $216.84 | Available Mar 1 | |||
| April 2010 | $216.84 | Available Apr 1 | |||
| May 2010 | $216.84 | Available May 1 | |||
| June 2010 | $216.84 | Available Jun 1 | |||
| July 2010 | $216.84 | Available Jul 1 | |||
| August 2010 | $214.76 | Available Aug 1 | |||
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