Mrs. Srey Touch Cheng Village Bank Group


Status: Paying Back

$1,425.00   Loan Amount
0% repaid

About the Group

Group Name: Mrs. Srey Touch Cheng Village Bank Group
Group Members: Srey Touch Cheng
Maong So
Pon Duon
Theavy Morm
Neang Nurng
Toch Long
Rorn Sann
Samut Nhaet
Nhurn Chun (not pictured)
Location: Smaong Village, Cambodia
Activity: Pigs

About the Loan

Loan Amount: $1,425.00
Loan Use: To buy more piglets for breeding.
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 1, 2009
Date Disbursed: Sep 7, 2009
Date Funded:Nov 18, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,175.0000 KHR = 1 USD



Mrs. Srey Touch Cheng is the village bank president of a group of nine people who all live in Smaong village in Takeo province. All the members will use the loan for different purposes. Mrs. Srey Touch is a pig breeder. Since this business is going well, she wants to expand it so she decided to ask for a loan to buy more piglets for breeding. She will use the rest of the loan to buy more pig food for her pigs. Her husband, Mr. Saes Thida, is a cow breeder. Mrs. Srey Touch is 31 and the mother of three children, two of whom are attending the local school while the youngest one is 4 and 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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Lenders to this group

Poverty2Prosperity
San Francisco Bay Area, CA
United States

Janice
Albany, OR
United States

Byron & Susanne
Novato, CA
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Gene
Beijing,
China

Tor
Ludlow, ME
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Stewart (Ed) w/ Nuan
Honolulu, HI
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Charlotte
Mount Desert, ME
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George
Edmonton, Alberta
Canada

Sonny
Salem, NH
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Steve
Fremantle, Western Australia
Australia

Jan
Portland, OR
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Roger and Cindy
Highlands Ranch, CO
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Jan
Malmö, Sweden
Sweden

Anonymous
Alexandria, VA
United States

Anu
Espoo,
Finland

Barry and Denise
oxnard, CA
United States

Illan
Tarzana, CA
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Ange
Cremorne, Victoria
Australia

Laurent D
Brussels,
Belgium

Patty & Greg
Leslie, AR
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Jacqueline
Cumberland, MD
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Helle
Århus C,
Denmark

Christine
Straume, Sotra
Norway

Alan
Hayling Island,
United Kingdom

Roger
Little Rock, AR
United States

Tanya
Vancouver, British Columbia
Canada

MICHAEL
LOVELAND, OH
United States

Carol
Ramona, CA
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Viktor
Luleå, Sweden,
Sweden

Nathanael
Crozet, VA
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Patricia
Milwaukee, WI
United States

pascal
Rauma, Europe
Finland

Anonymous
Oslo,
Norway

Rupert
York Plains, Tasmania
Australia

Danae
Green Bay, WI
United States

Laura
Hadley, MA
United States

Boulder
Boulder, CO
United States

Ngoc
Brooklyn Center, MN
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Owen
Seattle, WA
United States

Wilfried
Rheinfelden, (Baden)
Germany

David
Anchorage, AK
United States



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Journal entries for Mrs. Srey Touch Cheng Village Bank Group


Loan to Srey Touch Cheng
Maong So
Pon Duon
Theavy Morm
Neang Nurng
Toch Long
Rorn Sann
Samut Nhaet
Nhurn Chun in Cambodia has been 100% funded
 
Entrepreneur: Mrs. Srey Touch Cheng Village Bank Group
Location: Smaong Village, Cambodia

Thanks to you and 40 other Kiva Lenders, the 1425.00 loan requested by Srey Touch Cheng
Maong So
Pon Duon
Theavy Morm
Neang Nurng
Toch Long
Rorn Sann
Samut Nhaet
Nhurn Chun in Cambodia has been 100% funded. The loan will be used for the purpose of: To buy more piglets for breeding..

Over the months of this loan, Kiva’s Field Partner in Cambodia, Angkor Microfinance Kampuchea (AMK), will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Smaong Village, Cambodia
Nov 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Mrs. Srey Touch Cheng Village Bank Group

  Expected Repayments Actual Repayments Comments
January 2010 $259.35 Available Jan 1  
February 2010 $129.68 Available Feb 1  
March 2010 $129.67 Available Mar 1  
April 2010 $129.68 Available Apr 1  
May 2010 $129.67 Available May 1  
June 2010 $129.67 Available Jun 1  
July 2010 $129.68 Available Jul 1  
August 2010 $129.67 Available Aug 1  
September 2010 $129.68 Available Sep 1  
October 2010 $128.25 Available Oct 1