Mrs. Srey Mom Sorn Village Bank Group
Status: Paying Back
| $1,575.00 | Loan Amount |
|---|
20% repaid
About the Group
| Group Name: | Mrs. Srey Mom Sorn Village Bank Group |
|---|---|
| Group Members: |
Srey Mom Sorn Phally Sor Bunthy Sa Chantha Chom Bopha Kouy Ean Kouy Sopheap Sa Eang Srou Yeoun Sorn Chinda Phon Ouk Be |
| Location: | Sdao Kanleng Village, Cambodia |
| Activity: | Well digging |
About the Loan
| Loan Amount: | $1,575.00 |
|---|---|
| Loan Use: | To dig a well for her family’s use |
| Repayment Term: | 12 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 1, 2009 |
| Date Disbursed: | Aug 24, 2009 |
| Date Funded: | Oct 1, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | AMK (Angkor Microfinance Kampuchea) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 21 months |
| Kiva Entrepreneurs: | 18121 |
| Total Loans: | $3,081,200 |
| 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: | 4,125.0000 KHR = 1 USD |
This village bank group consists of eleven people who all live in Sdao Kanleng village in Kandal province. Mrs. Srey Mom Sorn is the village bank president selected by the members. She is a housewife and her husband, Mr. Sim Roeun, is a construction worker. Although her husband works hard, he still does not earn sufficient income and now faces the problem of not owning a source of fresh water for his family to access. Thus, Mrs. Srey Mom Sorn has decided to ask for a loan to dig a well for her family’s use. She is 29 years old and the mother of two children, one of whom is employed in a garment factory while the other is enrolled in a 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
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. Srey Mom Sorn Village Bank Group
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Loan has been disbursed
Location: Sdao Kanleng Village, Cambodia
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Posted by
from Sdao Kanleng Village, Cambodia
Oct 2, 2009 |
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Comment on this entry
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Repayment Schedule for Mrs. Srey Mom Sorn Village Bank Group
Repayment Schedule for Mrs. Srey Mom Sorn Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $315.00 | $315.00 |  Repayment Received
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| January 2010 | $157.50 | Available Jan 1 | |||
| February 2010 | $157.50 | Available Feb 1 | |||
| March 2010 | $157.50 | Available Mar 1 | |||
| April 2010 | $157.50 | Available Apr 1 | |||
| May 2010 | $157.50 | Available May 1 | |||
| June 2010 | $157.50 | Available Jun 1 | |||
| July 2010 | $157.50 | Available Jul 1 | |||
| August 2010 | $157.50 | Available Aug 1 | |||
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