Nat Chan Village Bank Group

Status: Paid Back

$3,725.00		Loan Request
$3,725.00		Paid Back

About the Group

Group Name:	Nat Chan Village Bank Group
Group Members:	Phalla Heng Chanthorn Sun Oun Toeur Saman Prak Sayeng Cheab Sivon Nhak Srey Chhun Theth Svay Chanthy Hong Chin Thaong Chin Hem Mom Saom Tha Saom Sambath Saom Soeurn Toeur Morn Roth Kea Sam Sokoeurn Choy Sinak Chan Pov Heng Sangroeurn Chum Suon Choy Moeurn Reth Khon Ung Nat Chan
Location:	Khsom Village, Cambodia
Activity:	Food Production/Sales

About the Loan

Loan Amount:	$3,725.00
Loan Use:	To start another Khmer noodle business in order to improve her living conditions.
Repayment Term:	13 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jun 16, 2008
Date Disbursed:	Jul 1, 2008
Date Funded:	Jun 17, 2008
Loan Ended:	Jul 15, 2009

About the Field Partner

Field Partner:

AMK (Angkor Microfinance Kampuchea)

Field Partner Risk Rating:

(Learn more)

Active

21 months

18121

$3,081,200

N/A - see note

0.00% (see note)

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Cambodia
Avg Annual Income:	$2,600.00
Currency:	Cambodia Riels (KHR)
Exchange Rate:	3,990.0000 KHR = 1 USD

Twenty-five people in Khsom Village in Kandal Province will be comprised in one Village Bank loan. Mrs. Nat Chan is a Village Bank President and she is a Chinese noodle seller in the local village. Though her business activity now is more improved, Mrs. Nat Chan wants to start another Khmer noodle business which she can sell together with Chinese noodles in one place. Thus, Mrs. Nat Chan needed to ask for a loan to deal with this purpose. Her husband, Mr. Srun Huoy, always assists in his wife's business. Mrs. Nat Chan has five children, three of whom are employed in a garment factory while the two others are studying at state school. Previously, Mrs. Nat Chan obtained a loan from Acleda Bank to build a new house.

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

Lenders to this group

Clint
Santa Rosa, CA
United States

Aimee
Houston, TX
United States

Andreas & Knut (Germany)
Köln,
Germany

Anonymous
Mid Levels, Hong Kong
Hong Kong

Benjamin
Toulouse,
France

Chris and WY
Tsuen Wan, NT,
Hong Kong

LQS Eddie Gough Fund
St Brelade, Jersey CI
United Kingdom

Charlotte
Durham, NC
United States

Vic
Chico, CA
United States

Geoff
Gruyere, Victoria
Australia

Anonymous
Singapore, Singapore
Singapore

Richard
Great Chesterford, Essex
United Kingdom

yoshio
okayama, Okayama
Japan

Mike
Lilyfield, New South Wales
Australia

Barry Christopher
Arncliffe, New South Wales
Australia

Robert
Bratislava, Slovakia
Slovakia

Steve
Apple Valley, MN
United States

Ian
Nova Scotia
Canada

William
Hoodsport, WA
United States

ross
toronto, Ontario
Canada

Bob
Florence, MA
United States

Kristi
Silver Spring, MD
United States

Kimberly
Ulaanbaatar,
Mongolia

Avoco AS
Mjømna, Mjømna
Norway

Stephen
New York, NY
United States

Mike
Alexandra Hills, Queensland
Australia

Michael
New York, NY
United States

Anonymous
West Des Moines, IA
United States

John
Somerville, MA
United States

Georg
Kleinmachnow,
Germany

Vincenzo
Jesi, Ancona
Italy

Anonymous
New York, NY
United States

Gunnar
Oslo,
Norway

Anonymous
Sullivans Island, SC
United States

Margaret
Talbotton, GA
United States

Paula&Rui
Barreiro,
Portugal

Sabanayagam
Princeton, NJ
United States

Wendeline
Driebergen,

Mitch
Chicago, IL
United States

Erin
Indianapolis, IN
United States

July
Alexandria, VA
United States

Andrew and Elizabeth
peconic, NY
United States

Isabel
Grand Prairie, TX
United States

Carol
Edina, MN
United States

Anonymous
bellevue, WA
United States

David Adrian
Toronto, Ontario
Canada

Anonymous
Rochester, MI
United States

David
Norfolk, VA
United States

Michele

kadeen
inglewood, CA
United States

Valerie
beaverton, OR
United States

Airlia
Herndon, VA
United States

Mark
Everett, WA
United States

Alan
Flagstaff, AZ
United States

Anonymous

Sanjaya
Phnom Penh,
Cambodia

Emily
Alexandria, VA
United States

Scott
Sutton, MA
United States

Meditation7
Seattle, WA
United States

Core 11 Seton Hall
South Orange, NJ
United States

bellur
san antonio, TX
United States

Jessica
Tustin, CA
United States

Deborah
Santa Fe, NM
United States

Martina
Bremen,
Germany

Elizabeth
Somerville, MA
United States

Jill and Matt
North Ridgeville, OH
United States

Lorna & Critters
Kanata, Ontario
Canada

Karla
Rochester, New York
United States

siddharth
brentwood, TN
United States

Journal entries for Nat Chan Village Bank Group

Loan has been disbursed Entrepreneur: Nat Chan Village Bank Group Location: Khsom Village, Cambodia Thank you for your loan. It has been disbursed to the Nat Chan Village Bank group, consisting of Nat Chan, Khon Ung, Moeurn Reth, Suon Choy, Sangroeurn Chum, Pov Heng, Sinak Chan, Sokoeurn Choy, Kea Sam, Morn Roth, Soeurn Toeur, Sambath Saom, Tha Saom, Mom Saom, Chin Hem, Chin Thaong, Chanthy Hong, Theth Svay, Srey Chhun, Sivon Nhak, Sayeng Cheab, Saman Prak, Oun Toeur, Chanthorn Sun, Phalla Heng 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 Khsom Village, Cambodia Jun 18, 2008
Comments (1)

Sokoeurn Choy Has Passed Away Entrepreneur: Nat Chan Village Bank Group Location: Khsom Village, Cambodia It is with great regret that I must inform you that one of the borrowers from this group, Sokoeurn Choy, has passed away. She became ill and passed away at the young age of 47. This death is especially sad for me, as I am also one of the lenders to this group. This was my first loan to AMK which I made during my Kiva Fellow Training. AMK has a policy of writing off a loan when a client dies because we do not want to burden the family of the borrower during this difficult time. AMK has also chosen to repay Kiva lenders to thank them for all of their support and we hope that you will lend to other AMK loans on Kiva in the future.
Posted by Sanjaya Punyasena from Khsom Village, Cambodia Jul 13, 2009
Comments (5)

Repayment Schedule for Nat Chan Village Bank Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
September 2008	$0.00	$339.00
October 2008	$338.64	$339.00	Repayment Received
November 2008	$338.64	$339.00	Repayment Received
December 2008	$338.64	$339.00	Repayment Received
January 2009	$338.64	$0.00	Repayment Received
February 2009	$338.64	$337.18	Repayment Received
March 2009	$338.64	$338.64	Repayment Received
April 2009	$338.64	$338.64	Repayment Received
May 2009	$338.64	$338.64	Repayment Received
June 2009	$338.64	$338.63	Repayment Received
July 2009	$338.64	$338.64	Repayment Received
August 2009	$338.60	$338.63	Repayment Received