Kosal Iv’s Group


Status: Paying Back

$600.00   Loan Amount
10% repaid

About the Group

Group Name: Kosal Iv’s Group
Group Members: Kosal Iv
Sok-heng Pon
Location: Muk Kampoul District, Cambodia
Activity: Weaving

About the Loan

Loan Amount: $600.00
Loan Use: To purchase silk materials for her weaving business.
Repayment Term: 15 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: N/A
Date Listed: Oct 12, 2009
Date Disbursed: Sep 28, 2009
Date Funded:Oct 13, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:United States Dollars (USD)



Mrs. Kosal Iv (on the right of the picture) was selected to be a group leader for a loan from Maxima. In the group are two families including her. All the group's members are living on an island in Mekong River approximately 15 kilometers from Phnom Penh, the capital city of Cambodia.

1-Mrs. Kosal Iv, 47, is widow with two sons. One of her sons is an electrician and another one weaves silk at home. She is requesting a loan of $300 to purchase silk materials for continuing her weaving business.

2-Mrs. Sok-heng Pon, 19, is a silk weaver, has been married Mr. Yeun Yun, 28, is a silk weaver since 2008. The young couple has no children yet. Sok-heng is also requesting a loan of $300 to purchase silk materials for continuing her weaving business.




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 Kosal Iv’s Group


Loan has been disbursed
 
Entrepreneur: Kosal Iv’s Group
Location: Muk Kampoul District, Cambodia

Thank you for your loan. It has been disbursed to Kosal Iv’s Group, consisting of Kosal Iv, Sok-heng Pon by MAXIMA Mikroheranhvatho Co., Ltd. in Cambodia. We are excited to watch this business grow. Over the 12 months of this loan, MAXIMA Mikroheranhvatho Co., Ltd. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Muk Kampoul District, Cambodia
Oct 14, 2009
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Kiva Help Repayment Schedule for Kosal Iv’s Group

  Expected Repayments Actual Repayments Comments
December 2009 $0.00 $60.00  
March 2010 $60.00 Available Mar 1 Repayment Received
April 2010 $60.00 Available Apr 1  
May 2010 $60.00 Available May 1  
June 2010 $60.00 Available Jun 1  
July 2010 $60.00 Available Jul 1  
August 2010 $60.00 Available Aug 1  
September 2010 $60.00 Available Sep 1  
October 2010 $60.00 Available Oct 1  
November 2010 $60.00 Available Nov 1  
December 2010 $60.00 Available Dec 1