Mrs. Vuoch Lou Kit Village Bank Group
Status: Paying Back
| $2,850.00 | Loan Amount |
|---|
0% repaid
About the Group
| Group Name: | Mrs. Vuoch Lou Kit Village Bank Group |
|---|---|
| Group Members: |
Vuoch Lou Kit Toem Men Sareth Chhoeng Seam Svay Sary Chhoeng Chanthon Ngy Vuoch Lang Ket Yun Seang Lom Kuy Ley Kuy Thoem Kuy Savoeurn Kuy Srey Mao Khlang Vuoch Lai Suy Vuoch Long Suy Sok Kaev Hai Chan Nuv Khlang Luy Try Sochea Minh Chann Dary Soeurng |
| Location: | Pun Phnum Village, Cambodia |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $2,850.00 |
|---|---|
| Loan Use: | To buy more groceries and coconuts for her store |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 1, 2009 |
| Date Disbursed: | Sep 17, 2009 |
| Date Funded: | Nov 4, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | AMK (Angkor Microfinance Kampuchea) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 21 months |
| Kiva Entrepreneurs: | 18052 |
| Total Loans: | $3,071,150 |
| 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: | 4,155.0000 KHR = 1 USD |
20 people, who live in Pun Phnum Village in Takeo province, make up this village bank loan and they will each use the loan for different purposes. Mrs. Vuoch Lou Kit is the village bank president.
Mrs. Vuoch Lou Kit owns a small grocery store in the local village. Since this business is going well, she wants to expand it so she decided to ask for a loan to buy more groceries for her business. She would use the rest of the loan to buy coconuts to re-sell in her grocery store.
Mrs. Vuoch Lou Kit is 43 years old and the mother of three children who are all attending the local school. Her husband, Mr. Um Nhean, helps his wife in her 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
Mrs. Vuoch Lou Kit owns a small grocery store in the local village. Since this business is going well, she wants to expand it so she decided to ask for a loan to buy more groceries for her business. She would use the rest of the loan to buy coconuts to re-sell in her grocery store.
Mrs. Vuoch Lou Kit is 43 years old and the mother of three children who are all attending the local school. Her husband, Mr. Um Nhean, helps his wife in her 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 Mrs. Vuoch Lou Kit Village Bank Group
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Loan has been disbursed
Location: Pun Phnum Village, Cambodia
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Posted by
from Pun Phnum Village, Cambodia
Nov 5, 2009 |
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Comment on this entry
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Repayment Schedule for Mrs. Vuoch Lou Kit Village Bank Group
Repayment Schedule for Mrs. Vuoch Lou Kit Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $455.13 | Available Jan 1 | |||
| February 2010 | $227.57 | Available Feb 1 | |||
| March 2010 | $227.56 | Available Mar 1 | |||
| April 2010 | $227.57 | Available Apr 1 | |||
| May 2010 | $227.56 | Available May 1 | |||
| June 2010 | $227.57 | Available Jun 1 | |||
| July 2010 | $227.56 | Available Jul 1 | |||
| August 2010 | $227.57 | Available Aug 1 | |||
| September 2010 | $227.56 | Available Sep 1 | |||
| October 2010 | $227.57 | Available Oct 1 | |||
| November 2010 | $346.78 | Available Nov 1 | |||
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