Mrs. Sothen Pha Village Bank Loan Group
Status: Paying Back
| $4,100.00 | Loan Amount |
|---|
25% repaid
About the Group
| Group Name: | Mrs. Sothen Pha Village Bank Loan Group |
|---|---|
| Group Members: |
Sothen Pha Ky Yann Phann Prum Sakhon Prum Yoeun Say Tob Duk Ly Penh Savai Sang Sokung Chea Navin Maen Oy Keo Koeun Phai Savy Soun Rom Sok Chan Thoun Sok Sambath Bor Samet Bich Sok Ken Ray Koun Aeam Sa Run Prach Aon Cheng |
| Location: | Chrou Pisei Village, Cambodia |
| Activity: | Agriculture |
About the Loan
| Loan Amount: | $4,100.00 |
|---|---|
| Loan Use: | To hire a laborer with two oxen to plow the field in order to grow rice. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 14, 2009 |
| Date Disbursed: | Jul 20, 2009 |
| Date Funded: | Aug 19, 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: | 18052 |
| Total Loans: | $3,071,150 |
| 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: | 4,100.0000 KHR = 1 USD |
The Village Bank Group consists of 21 people in Chrou Pisei village in Kandal province. The members of the group selected Mrs. Sothen Pha for their leader. She is 35 years old and the mother of a child who is attending the local school.
Mrs. Sothen Pha is a farmer who owns a small piece of land where she cultivates rice for a living. In this plantation, she now faces a problem with plowing so she decided to ask for a loan to hire a laborer with two oxen to plow the field in order to grow rice.
Her husband, Mr. Phai Sipho, is a motorbike taxi driver and he also helps his wife on the rice plantation.
The other members will use their loans for different purposes. All the members are in the picture but some of them are blocked.
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
Mrs. Sothen Pha is a farmer who owns a small piece of land where she cultivates rice for a living. In this plantation, she now faces a problem with plowing so she decided to ask for a loan to hire a laborer with two oxen to plow the field in order to grow rice.
Her husband, Mr. Phai Sipho, is a motorbike taxi driver and he also helps his wife on the rice plantation.
The other members will use their loans for different purposes. All the members are in the picture but some of them are blocked.
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. Sothen Pha Village Bank Loan Group
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Loan has been disbursed
Location: Chrou Pisei Village, Cambodia
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Posted by
from Chrou Pisei Village, Cambodia
Aug 20, 2009 |
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Comment on this entry
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Repayment Schedule for Mrs. Sothen Pha Village Bank Loan Group
Repayment Schedule for Mrs. Sothen Pha Village Bank Loan Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $341.84 | $341.84 |  Repayment Received
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| November 2009 | $341.84 | $341.84 | Repayment Received
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| December 2009 | $341.83 | $341.83 | Repayment Received
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| January 2010 | $341.84 | Available Jan 1 | |||
| February 2010 | $341.84 | Available Feb 1 | |||
| March 2010 | $341.84 | Available Mar 1 | |||
| April 2010 | $341.83 | Available Apr 1 | |||
| May 2010 | $341.84 | Available May 1 | |||
| June 2010 | $341.84 | Available Jun 1 | |||
| July 2010 | $341.84 | Available Jul 1 | |||
| August 2010 | $341.83 | Available Aug 1 | |||
| September 2010 | $339.79 | Available Sep 1 | |||
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