Mrs. Thol Korn Village Bank Group


Status: Paying Back

$2,600.00   Loan Amount
29% repaid

About the Group

Group Name: Mrs. Thol Korn Village Bank Group
Group Members: Thol Korn
Lorn Chorn
Non Phin
Chann Phin
Sokheng Sorn
Korn Chin
Sopheap Seng
Im Neang
Yom Kem
Heng Kruy
Chanmom Loarn
Ith Horm
Seour Lin
Pok Keak
Si Keng Tich
Srey Pov Keak
Sen Sous
Location: Ta Nu Village, Cambodia
Activity: Pigs

About the Loan

Loan Amount: $2,600.00
Loan Use: to buy more 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 17, 2009

About the Country

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



This village bank group which consists of seventeen members is located in Ta Nu village in Kandal province, and they plan to use the loan which they obtained for different purposes. Mrs. Thol Korn is the village bank president who has been selected by the members. She is employed in a garment factory. She is also a pig breeder. Since her pig-breeding business is going well, she wants to expand it. Thus, she decided to ask for a loan to buy more piglets for breeding.



Mrs. Thol Korn is 31 years old and the mother of a child who is attending the local school.



Note: Mr. Sen Sous did not come to take the loan but his wife did, so she is present 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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Journal entries for Mrs. Thol Korn Village Bank Group


Loan has been disbursed
 
Entrepreneur: Mrs. Thol Korn Village Bank Group
Location: Ta Nu Village, Cambodia

Thank you for your loan. It has been disbursed to Mrs. Thol Korn Village Bank Group, consisting of Thol Korn, Lorn Chorn, Non Phin, Chann Phin, Sokheng Sorn, Korn Chin, Sopheap Seng, Im Neang, Yom Kem, Heng Kruy, Chanmom Loarn, Ith Horm, Seour Lin, Pok Keak, Si Keng Tich, Srey Pov Keak, Sen Sous 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 18, 2009
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Kiva Help Repayment Schedule for Mrs. Thol Korn Village Bank Group

  Expected Repayments Actual Repayments Comments
October 2009 $216.78 $347.97 Repayment Received
November 2009 $216.78 $204.85 Repayment Received
December 2009 $216.77 $204.85 Repayment Received
January 2010 $216.78 Available Jan 1  
February 2010 $216.78 Available Feb 1  
March 2010 $216.78 Available Mar 1  
April 2010 $216.78 Available Apr 1  
May 2010 $216.77 Available May 1  
June 2010 $216.78 Available Jun 1  
July 2010 $216.78 Available Jul 1  
August 2010 $216.78 Available Aug 1  
September 2010 $215.44 Available Sep 1