Mrs. Sokroeun Chheang Village Bank Group
Status: Paying Back
| $1,925.00 | Loan Amount |
|---|
8% repaid
About the Group
| Group Name: | Mrs. Sokroeun Chheang Village Bank Group |
|---|---|
| Group Members: |
Sokroeun Chheang Ty Ting Vai Kung Touch Saray Sokheang Ro Chantha Roeung Deang San Hach So Sareth Ream Shina Pang Srey Pao Meng Som Roeun Ouern Sinan Lout |
| Location: | Ampil Village, Cambodia |
| Activity: | Transportation |
About the Loan
| Loan Amount: | $1,925.00 |
|---|---|
| Loan Use: | To ask for a loan to buy a cart which it has been carried by a motorbike in order to travel the desert to sell for an income. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 1, 2009 |
| Date Disbursed: | Sep 3, 2009 |
| Date Funded: | Oct 23, 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: | 4,151.0000 KHR = 1 USD |
The village bank loan which consists of thirteen people is located in Ampil village in Kandal province and all the members will use the loan in different purposes. Mrs. Sokroeun Chheang is a village bank president and she is a farmer who owns a small piece of land to cultivate rice to earn for a living. Her husband, Mr. Mao Meourn, is a desert seller. Since this business is going well, he wants to expand it so his wife decided to ask for a loan to buy a cart which it has been carried by a motorbike in order to travel the desert to sell for an income. Mrs. Sokroeun Chheang is 38 years old and the mother of three children who are all 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
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. Sokroeun Chheang Village Bank Group
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Loan has been disbursed
Location: Ampil Village, Cambodia
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Posted by
from Ampil Village, Cambodia
Oct 24, 2009 |
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Comment on this entry
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Repayment Schedule for Mrs. Sokroeun Chheang Village Bank Group
Repayment Schedule for Mrs. Sokroeun Chheang Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $160.48 | $160.48 |  Repayment Received
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| January 2010 | $160.48 | Available Jan 1 | |||
| February 2010 | $160.48 | Available Feb 1 | |||
| March 2010 | $160.49 | Available Mar 1 | |||
| April 2010 | $160.48 | Available Apr 1 | |||
| May 2010 | $160.48 | Available May 1 | |||
| June 2010 | $160.48 | Available Jun 1 | |||
| July 2010 | $160.48 | Available Jul 1 | |||
| August 2010 | $160.48 | Available Aug 1 | |||
| September 2010 | $160.49 | Available Sep 1 | |||
| October 2010 | $160.48 | Available Oct 1 | |||
| November 2010 | $159.70 | Available Nov 1 | |||
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