Mrs. Dalen Deob Group Loan


Status: Paying Back

$550.00   Loan Amount
22% repaid

About the Group

Group Name: Mrs. Dalen Deob Group Loan
Group Members: Dalen Deob
Siyat Mi
Vuthy Prom
Amara Mi
Kong Nout
Location: Chrouy Ampil Village, Cambodia
Activity: Water Distribution

About the Loan

Loan Amount: $550.00
Loan Use: To buy a machine to pump water.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 1, 2009
Date Disbursed: Aug 27, 2009
Date Funded:Oct 1, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,160.0000 KHR = 1 USD



Mrs. Dalen Deob is leader of a group of five women, who live in Chrouy Ampil village in Kandal province. She is 30 years old and the mother of three children, two of whom are enrolled in the local school and the youngest one is too young to work or study. Mrs. Dalen Deob is a water seller. Since her business is doing well, she wants to expand it by purchasing a machine, to pump water for sale. She hopes to increase her income and improve her family's living conditions with this loan.



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. Dalen Deob Group Loan


Loan has been disbursed
 
Entrepreneur: Mrs. Dalen Deob Group Loan
Location: Chrouy Ampil Village, Cambodia

Thank you for your loan. It has been disbursed to Mrs. Dalen Deob Group Loan, consisting of Dalen Deob, Siyat Mi, Vuthy Prom, Amara Mi, Kong Nout by Angkor Microfinance Kampuchea (AMK) in Cambodia. We are excited to watch this business grow. Over the 8 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 Chrouy Ampil Village, Cambodia
Oct 2, 2009
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Kiva Help Repayment Schedule for Mrs. Dalen Deob Group Loan

  Expected Repayments Actual Repayments Comments
December 2009 $122.35 $122.35 Repayment Received
January 2010 $61.18 Available Jan 1  
February 2010 $61.17 Available Feb 1  
March 2010 $61.18 Available Mar 1  
April 2010 $61.17 Available Apr 1  
May 2010 $61.18 Available May 1  
June 2010 $61.17 Available Jun 1  
July 2010 $60.60 Available Jul 1