Yeth Mek Group


Status: Paid Back

$575.00   Loan Request
$575.00   Paid Back

About the Group

Group Name: Yeth Mek Group
Group Members: Thon Yong (not pictured)
Phos Sok
Rom Din
Vy Prak
Rem Leob
Yeth Mek
Location: Chrok Kov Village, Cambodia
Activity: Grocery Store

About the Loan

Loan Amount: $575.00
Loan Use: To buy more groceries for her customers.
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 7, 2008
Date Disbursed: Jun 23, 2008
Date Funded:Jun 9, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:3,954.0000 KHR = 1 USD



Mrs. Yeth Mek is the group leader of a six-member banking group in Chrok Kov Village in Kampong Chhnang Province, Cambodia. She is a grocer in the village.

Previously, Mrs. Yeth Mek obtained a loan from Acleda Bank to buy fertilizer and rice seeds, and she rented a pump to water her rice field. Her business now is very much improved, so she wants to expand her business. Thus, Mrs. Yeth Mek needs to ask for a loan to buy more groceries to sell.



Mrs. Yeth Mek has three children, two of whom are enrolled in state school; the youngest is too young. Her husband, Mr.Thy Pisch, is a subsistence farmer. Last year, Mrs. Yeth Mek’s youngest child got dengue fever and she had spent $50 have him treated.





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

Emilie
Chicago, IL
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W Dwight
Port Townsend, WA
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Howard
Vence,
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Stefanie
Los Angeles, CA
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Tats from Flint
Glendale, CA
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Chester
Houston, TX
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Fiona
Edinburgh, Midlothian

Bruce Chou
Oakdale & Los Angeles & San Jose, CA
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Bob
Burlington, Vermont
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A.Wesley & Elizabeth
Christoval, Texas
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Angela
New York, NY
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DavidnLaura
Orangeville, Ontario
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ArtBushkin
Vienna, VA
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Mike Olmstead
Haymarket, VA
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Liz
Baton Rouge, LA
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Kenneth
Madison, WI
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Philip
Brooklyn, NY
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Ulrike
Braunschweig,
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Jeff
Sherman Oaks, CA
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Cool Cat
Camano Island, WA
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Journal entries for Yeth Mek Group


Loan has been disbursed
 
Entrepreneur: Yeth Mek Group
Location: Chrok Kov Village, Cambodia

Thank you for your loan. It has been disbursed to the Yeth Mek Group group, consisting of Yeth Mek, Rem Leob, Vy Prak, Rom Din, Phos Sok, Thon Yong by AMK (Angkor Mikroheranhvatho Kampuchea) in Cambodia. We are excited to watch this business grow. Over the next 11 months, AMK (Angkor Mikroheranhvatho Kampuchea) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Hay Sophanith from Chrok Kov Village, Cambodia
Jun 10, 2008
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Kiva Help Repayment Schedule for Yeth Mek Group

  Expected Repayments Actual Repayments Comments
September 2008 $52.27 $53.00 Repayment Received
October 2008 $52.27 $53.00 Repayment Received
November 2008 $52.27 $53.00 Repayment Received
December 2008 $52.27 $53.00 Repayment Received
January 2009 $52.27 $49.36 Repayment Received
February 2009 $52.27 $52.27 Repayment Received
March 2009 $52.27 $52.27 Repayment Received
April 2009 $52.27 $52.27 Repayment Received
May 2009 $52.27 $52.27 Repayment Received
June 2009 $52.27 $52.27 Repayment Received
July 2009 $52.30 $52.29 Repayment Received