Chandy Porn's Group


Status: Paying Back

$875.00   Loan Amount
18% repaid

About the Group

Group Name: Chandy Porn's Group
Group Members: Chandy Porn
Pheap Neang
Mich Mar
Phalla Kin
Nget Smoeung
Location: Ta Non Village, Cambodia
Activity: Manufacturing

About the Loan

Loan Amount: $875.00
Loan Use: By purchasing more silks and raw materials to make more to support her customers.
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 1, 2009
Date Disbursed: Aug 5, 2009
Date Funded:Sep 3, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,115.0000 KHR = 1 USD



Mrs. Chandy Porn is a group leader of five members who all live in Ta Non village in Takeo province. She is a weaver who makes cloths. Since her business is doing well, she wants to expand it by purchasing more silks and raw materials to make more to support her customers. Her husband, Mr. Siem Chandy, is a hard working man. This couple has four children, one of whom is a farmer who owns a small piece of land to cultivate rice while the others are attending the local school.



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 Chandy Porn's Group


Loan has been disbursed
 
Entrepreneur: Chandy Porn's Group
Location: Ta Non Village, Cambodia

Thank you for your loan. It has been disbursed to Chandy Porn's Group, consisting of Chandy Porn, Pheap Neang, Mich Mar, Phalla Kin, Nget Smoeung by Angkor Microfinance Kampuchea (AMK) in Cambodia. We are excited to watch this business grow. Over the 11 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 Non Village, Cambodia
Sep 4, 2009
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Kiva Help Repayment Schedule for Chandy Porn's Group

  Expected Repayments Actual Repayments Comments
November 2009 $79.63 $79.63 Repayment Received
December 2009 $79.62 $79.62 Repayment Received
January 2010 $79.63 Available Jan 1  
February 2010 $79.62 Available Feb 1  
March 2010 $79.63 Available Mar 1  
April 2010 $79.62 Available Apr 1  
May 2010 $79.63 Available May 1  
June 2010 $79.62 Available Jun 1  
July 2010 $79.63 Available Jul 1  
August 2010 $79.62 Available Aug 1  
September 2010 $78.75 Available Sep 1