Ro Teng Ii Group
Status: Paid Back
| $4,225.00 | Loan Request | |
|---|---|---|
| $4,225.00 | Paid Back |
About the Group
| Group Name: | Ro Teng Ii Group |
|---|---|
| Group Members: |
Som Oark Von (not pictured) Nget Teth Sakhon Chev Sophal Ros Ye Nov Pech Su Sokhong Chat Pho Phai Bun Thorn Chea Chandy Na Sang (not pictured) Pov Laov Yon Chheourn Siha Touch Ert Chea Iy Van Thouk Toun Pheary Phoung Neang Bem Suy Leang Kang Son Chan Sophat Som Sora Heng Seng Leng Sothy Suth Som Bou Chom Som Oun Laov Sovan Pat Som Orl Chom Somaly Chhork |
| Location: | Ro Teng, Cambodia |
| Activity: | Fruits & Vegetables |
About the Loan
| Loan Amount: | $4,225.00 |
|---|---|
| Loan Use: | To purchase additional vegetables to resell at the village market. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 11, 2008 |
| Date Disbursed: | May 2, 2008 |
| Date Funded: | Apr 18, 2008 |
| Loan Ended: | Jun 15, 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: | 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: | 3,898.9500 KHR = 1 USD |
Mrs. Somaly Chork, Village Bank President, is a single mother with two children in Ro Teng Village. Both of her children attend school. She is 32 years old and she sells vegetable for a living at the Ro Theng market. On average, she can generate approximately $2.50 of income per day. As she is a widow making very limited income, her and her family's standard of living is quite poor; specifically, she is unable to pay for her family’s expenses, such as her children’s educational costs. In order to get her family out of poverty, she is hereby requesting a loan to buy more vegetables to resell at the market for a profit. Mr. Chandy Na Sang and Mr. Som Oark Von are not pictured; instead, their wives are pictured in the photo.
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 Ro Teng Ii Group
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Loan has been disbursed
Location: Ro Teng, Cambodia
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Posted by
Hay Sophanith from Ro Teng, Cambodia
Apr 20, 2008 |
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Comments (1)
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Repayment Schedule for Ro Teng Ii Group
Repayment Schedule for Ro Teng Ii Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2008 | $0.00 | $353.00 | |||
| August 2008 | $352.08 | $353.00 |  Repayment Received
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| September 2008 | $352.08 | $353.00 | Repayment Received
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| October 2008 | $352.08 | $353.00 | Repayment Received
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| November 2008 | $352.08 | $353.00 | Repayment Received
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| December 2008 | $352.08 | $353.00 | Repayment Received
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| January 2009 | $352.08 | $0.00 | Repayment Received
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| February 2009 | $352.08 | $346.58 | Repayment Received
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| March 2009 | $352.08 | $352.08 | Repayment Received
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| April 2009 | $352.08 | $352.08 | Repayment Received
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| May 2009 | $352.08 | $352.08 | Repayment Received
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| June 2009 | $352.08 | $352.08 | Repayment Received
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| July 2009 | $352.12 | $352.10 | Repayment Received
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