Mr. Choum Chev Village Bank Group


Status: Paying Back

$2,450.00   Loan Amount
25% repaid

About the Group

Group Name: Mr. Choum Chev Village Bank Group
Group Members: Choum Chev
Pheach Seourn
Sokkhy Neang
Phorn Samreth
Ith Chheang
Sarim Chheang
Srou Chheang
Mom Chea
Phart Murn
Peth Reth
Sokun Touch
Sangleng Lok
Chantharn Sok
Sam Khan Touch
Sam Art Men
Location: Ta Nu Village, Cambodia
Activity: Pigs

About the Loan

Loan Amount: $2,450.00
Loan Use: to buy piglets to raise
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 19, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,205.0000 KHR = 1 USD



Fifteen people living in Ta Nu village in Kandal province comprise this village bank loan group, and they will use the loan for various purpose. Mr. Choum Chev is the 37-year-old village bank president. He is a farmer who owns a 1-hectare field where he cultivates rice. Aside from this plantation, he is a construction worker. His wife, Mrs. Toek Lat, is employed in a garment factory.



Although this couple tries to work hard, they still earn not enough income to improve the family's living conditions. In order to improve the living conditions, Mr. Choum Chev is requesting a loan to buy piglets to raise. He is the father of two children, one of whom is attending the local school while the younger one is too young to work or study.



Note: Mrs. Srou Chheang did not come to take her loan but her husband did, so he 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


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Lenders to this group

Adam
Artarmon, New South Wales
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Catherine
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Brad
Decatur, GA
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Laurent D
Brussels,
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Joanne
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Colin
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Jacqueline
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Anonymous
Minneapolis, MN
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Lars
Oslo,
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Lenore
Essendon, Victoria
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Sridhar
Brooklyn Park, MN
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Renate
Hattersheim,
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Wilfried
Rheinfelden, (Baden)
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Meghan
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Ann
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Thomson & Hiromi Koshy
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Danilchik Family
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Nancy
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Lars Erik
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Doris
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Rick & Pat
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Ilpo
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Mary
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Jordan
Chicago, IL
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Paix
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Karen
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Alex & Lolita
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Deborshi
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Barry
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Marc
Utrecht, Utrecht
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Tony
Pflugerville, TX
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Ken & Monica
Toronto Scarborough, ON
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Dom
Vancouver, BC
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David
Cambridge,
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Kai
38159,
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Anonymous
Madrid, Madrid
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Donna
Newberg, OR
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Anonymous
Ljung, Sweden
Sweden

Henrik
Berlin,
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Julia
Berwyn, PA
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krista
Highlands Ranch, CO
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Larry C
Ohio
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D. Lee
Roma, Roma
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bellur
san antonio, TX
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Terry T
Calgary, Alberta
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Fab
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France

STEPHANIE
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Natasha
Branson, MO
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Tom
Carbondale, IL
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Falk
Jena,
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Jennie
Sandy, UT
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MICHAEL
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Sacha
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Brian
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Anonymous
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Pete
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Steven
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James
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Anonymous
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Dr. Patrick Mendis
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Chatterjee Family
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Chad
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Evan
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Janice
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Thomas
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ICHUN
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Gerard
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Ray

Jon
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Regan
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Amber
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Anonymous
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LaVine Clan
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Theresa
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Journal entries for Mr. Choum Chev Village Bank Group


Loan has been disbursed
 
Entrepreneur: Mr. Choum Chev Village Bank Group
Location: Ta Nu Village, Cambodia

Thank you for your loan. It has been disbursed to Mr. Choum Chev Village Bank Group, consisting of Choum Chev, Pheach Seourn, Sokkhy Neang, Phorn Samreth, Ith Chheang, Sarim Chheang, Srou Chheang, Mom Chea, Phart Murn, Peth Reth, Sokun Touch, Sangleng Lok, Chantharn Sok, Sam Khan Touch, Sam Art Men by Angkor Microfinance Kampuchea (AMK) in Cambodia. We are excited to watch this business grow. Over the 12 months of this loan, Angkor Microfinance Kampuchea (AMK) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ta Nu Village, Cambodia
Aug 20, 2009
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Kiva Help Repayment Schedule for Mr. Choum Chev Village Bank Group

  Expected Repayments Actual Repayments Comments
October 2009 $204.24 $204.24 Repayment Received
November 2009 $204.24 $204.24 Repayment Received
December 2009 $204.24 $204.24 Repayment Received
January 2010 $204.23 Available Jan 1  
February 2010 $204.24 Available Feb 1  
March 2010 $204.24 Available Mar 1  
April 2010 $204.24 Available Apr 1  
May 2010 $204.24 Available May 1  
June 2010 $204.24 Available Jun 1  
July 2010 $204.24 Available Jul 1  
August 2010 $204.24 Available Aug 1  
September 2010 $203.37 Available Sep 1