Farmer Group


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Group

Group Name: Farmer Group
Group Members: Arth Dany
Touch Nat
Chea Horn
Vat Kem Cheang
Location: Kampong Svay Village, Cambodia
Activity: Farming

About the Loan

Loan Amount: $450.00
Loan Use: To buy rice seeds to cultivate rice in her field
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 16, 2008
Date Disbursed: Sep 30, 2008
Date Funded:Sep 16, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,030.1500 KHR = 1 USD



Mrs. Vat Kem Cheang is the leader of a group of four in Kampong Svay Village in Kandal Province. She is a farmer who now does not have enough money to buy rice seeds to cultivate rice. Thus, she decided to ask for a loan for this purpose.



Her husband, Mr. Soth Sengleang, is a house constructor who can only make a small income to support his family. Mrs. Vat Kem Cheang is 44 years old and the mother of four children, one of whom is employed in a garment factory while the three remaining are attending the local school.



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


Subscribe

Lenders to this group

Tim
Tel Aviv, NA
Israel

Jennifer
pullman, MI
United States

John
Everett, MA
United States

Terry
San Francisco, CA
United States

Phil and Marilyn
Oakdale, CA
United States

Laura
Odenton, MD
United States

Ryan
Billings, MT
United States

Judy
Manassas, VA
United States

Patricia
Montpelier, VA
United States

Rob
Orlando, FL
United States

Anonymous
Newmarket, NH
United States

Marcin
London, Middlesex
United Kingdom

tricia brown
Minneapolis, MN
United States

Tore
Oslo, Oslo
Norway

Michael & Julie
Columbus, OH
United States

Carol
Lake Orion, MI
United States

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States



Top Lending Teams for this group


Mosaic
Common Interest
13 Members

Kiva Christians
Friends
3102 Members

Martial Artists
Common Interest
6 Members

{ Kiva Fellows & Alumni }
Common Interest
146 Members

101 Cookbooks
Common Interest
813 Members

Journal entries for Farmer Group


Loan has been disbursed
 
Entrepreneur: Farmer Group
Location: Kampong Svay Village, Cambodia

Thank you for your loan. It has been disbursed to the Farmer group, consisting of Vat Kem Cheang, Chea Horn, Touch Nat, Arth Dany by Angkor Mikroheranhvatho Kampuchea (AMK) in Cambodia. We are excited to watch this business grow. Over the next 6 months, Angkor Mikroheranhvatho Kampuchea (AMK) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Sanjaya Punyasena from Kampong Svay Village, Cambodia
Sep 18, 2008
Comments (2)

Kiva Help Repayment Schedule for Farmer Group

  Expected Repayments Actual Repayments Comments
December 2008 $75.00 $75.00 Repayment Received
January 2009 $75.00 $75.00 Repayment Received
February 2009 $75.00 $75.00 Repayment Received
March 2009 $75.00 $75.00 Repayment Received
April 2009 $75.00 $75.00 Repayment Received
May 2009 $75.00 $75.00 Repayment Received