Mrs. Thoeun Duch Village Bank Group


Status: Paying Back

$3,925.00   Loan Amount
16% repaid

About the Group

Group Name: Mrs. Thoeun Duch Village Bank Group
Group Members: Thoeun Duch
Lida Pann
Samon Kung
Sareoun Bou
Sarina Kung
Suorn Hun
Khon Neth
Horn Phorn
Yun Nub
Yong Yan
Savouen Sam
Nun Nouk
Samoeun Morm
Samnang Prom
Kimhai Ros
Srey Pel Khoun
Saman Sek
Yeng Kung
Sothea Nun
Pros Yem
Thy Tek
Bunthoen Phoung
Visal Khem
Loar Khim
Location: Khsom Village, Cambodia
Activity: Fishing

About the Loan

Loan Amount: $3,925.00
Loan Use: To ask for a loan to buy more nets for fishing business.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 1, 2009
Date Disbursed: Aug 17, 2009
Date Funded:Oct 18, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,125.0000 KHR = 1 USD



A village bank loan which consists of twenty four people is located in Khsom village in Kandal province and all the members will use the loan in different purposes. Mrs. Thoeun Duch is the village bank president. She is a farmer who owns a small piece of land to cultivate rice. Her husband, Mr. Keo Ra, is a fisherman. In his fishing business, he faces an obstacle because he does not have enough nets for fishing which it is affect to his income. Thus, Mrs. Thoeun Duch decided to ask for a loan to buy more nets for fishing business. She is 38 years old and the mother of four members, three of whom are enrolled in the local school while the youngest one is too young to work or study.



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. Thoeun Duch Village Bank Group


Loan has been disbursed
 
Entrepreneur: Mrs. Thoeun Duch Village Bank Group
Location: Khsom Village, Cambodia

Thank you for your loan. It has been disbursed to Mrs. Thoeun Duch Village Bank Group, consisting of Thoeun Duch, Lida Pann, Samon Kung, Sareoun Bou, Sarina Kung, Suorn Hun, Khon Neth, Horn Phorn, Yun Nub, Yong Yan, Savouen Sam, Nun Nouk, Samoeun Morm, Samnang Prom, Kimhai Ros, Srey Pel Khoun, Saman Sek, Yeng Kung, Sothea Nun, Pros Yem, Thy Tek, Bunthoen Phoung, Visal Khem, Loar Khim 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 Khsom Village, Cambodia
Oct 19, 2009
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Kiva Help Repayment Schedule for Mrs. Thoeun Duch Village Bank Group

  Expected Repayments Actual Repayments Comments
December 2009 $654.48 $654.48 Repayment Received
January 2010 $327.23 Available Jan 1  
February 2010 $327.24 Available Feb 1  
March 2010 $327.24 Available Mar 1  
April 2010 $327.24 Available Apr 1  
May 2010 $327.23 Available May 1  
June 2010 $327.24 Available Jun 1  
July 2010 $327.24 Available Jul 1  
August 2010 $327.24 Available Aug 1  
September 2010 $327.24 Available Sep 1  
October 2010 $325.38 Available Oct 1