Mr. Ngean Chea Village Bank Group
Status: Paying Back
| $2,000.00 | Loan Amount |
|---|
About the Group
| Group Name: | Mr. Ngean Chea Village Bank Group |
|---|---|
| Group Members: |
Ngean Chea Neang Mom Sann Nheong Heng Menh Sreyliem Khem Yoem Kuory Choeun Mao Senglang Nhen Sopheap Cheab Pov Hel Sokhom Neang Soeun Seoung Panet Barn |
| Location: | Ta Nu Village, Cambodia |
| Activity: | Farming |
About the Loan
| Loan Amount: | $2,000.00 |
|---|---|
| Loan Use: | to grow vegetables in his field |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Jul 30, 2009 |
| Date Disbursed: | Jul 9, 2009 |
| Date Funded: | Aug 17, 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: | 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 |
In his vegetable growing, he faces an obstacle because he does not have enough money to grow vegetables on the field. Thus, he decided to ask for a loan for this purpose. His wife, Mrs. Lang Poung, is a pig breeder. Mr. Ngean Chea has three children, two of whom are employed in a garment factory while the other is attending the local school. Mrs. Yoem Kuory did not come to take the loan but her husband did, so he is shown in the picture.
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 Mr. Ngean 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 18, 2009 |
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Comment on this entry
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Repayment Schedule for Mr. Ngean Chea Village Bank Group
Repayment Schedule for Mr. Ngean Chea Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $166.74 | $166.74 |  Repayment Received
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| November 2009 | $166.74 | $166.74 | Repayment Received
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| December 2009 | $166.73 | $256.00 | Repayment Received
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| January 2010 | $166.74 | Available Jan 1 | |||
| February 2010 | $166.74 | Available Feb 1 | |||
| March 2010 | $166.74 | Available Mar 1 | |||
| April 2010 | $166.74 | Available Apr 1 | |||
| May 2010 | $166.73 | Available May 1 | |||
| June 2010 | $166.74 | Available Jun 1 | |||
| July 2010 | $166.74 | Available Jul 1 | |||
| August 2010 | $166.74 | Available Aug 1 | |||
| September 2010 | $165.88 | Available Sep 1 | |||
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