Mrs. Thav Chea Village Bank Group
Status: Paying Back
| $1,625.00 | Loan Amount |
|---|
About the Group
| Group Name: | Mrs. Thav Chea Village Bank Group |
|---|---|
| Group Members: |
Thav Chea Polin Em Sokheang Mov Mom Tuy Saren Our Navy Cheng Sophea Sout Savun Tue Saroeurn Seourn Orn Am Vart Keat |
| Location: | Ta Nu Village, Cambodia |
| Activity: | Agriculture |
About the Loan
| Loan Amount: | $1,625.00 |
|---|---|
| Loan Use: | To fund cultivation of rice. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 3, 2009 |
| Date Disbursed: | Jul 9, 2009 |
| Date Funded: | Aug 21, 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: | 18121 |
| Total Loans: | $3,081,200 |
| 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: | 4,205.0000 KHR = 1 USD |
Mrs. Thav Chea is the village bank president who has been selected by the members. She is a laborer who has been hired by the villagers. She owns a small piece of land to cultivate rice to earn a living. In this plantation, she faces an obstacle because she does not have enough money to cultivate rice in the field. Thus, Mrs. Thav Chea decided to ask for a loan for this purpose. She is a 37-year-old widow and the mother of a child who is attending the local school.
Mr. Orn Am was not available when the photo was taken, so his wife appears on his behalf.
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. Thav Chea Village Bank Group
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Loan has been disbursed
Location: Ta Nu Village, Cambodia
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Posted by
from Ta Nu Village, Cambodia
Aug 22, 2009 |
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Comment on this entry
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Repayment Schedule for Mrs. Thav Chea Village Bank Group
Repayment Schedule for Mrs. Thav Chea Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $135.50 | $135.50 |  Repayment Received
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| November 2009 | $135.49 | $135.49 | Repayment Received
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| December 2009 | $135.50 | $135.50 | Repayment Received
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| January 2010 | $135.50 | Available Jan 1 | |||
| February 2010 | $135.49 | Available Feb 1 | |||
| March 2010 | $135.50 | Available Mar 1 | |||
| April 2010 | $135.49 | Available Apr 1 | |||
| May 2010 | $135.50 | Available May 1 | |||
| June 2010 | $135.50 | Available Jun 1 | |||
| July 2010 | $135.49 | Available Jul 1 | |||
| August 2010 | $135.50 | Available Aug 1 | |||
| September 2010 | $134.54 | Available Sep 1 | |||
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