Mrs. Meas Sreyneth Village Bank Group
Status: Paid Back
| $1,350.00 | Loan Request | |
|---|---|---|
| $1,350.00 | Paid Back |
About the Group
| Group Name: | Mrs. Meas Sreyneth Village Bank Group |
|---|---|
| Group Members: |
Kov Khemneang Phe Sokchea Phe Soknav Nam Nath Mong Nita Meas Bopha Meas Sambath Hom Nhek Meas Sreyneth |
| Location: | Suong Kaeut Village, Cambodia |
| Activity: | Food |
About the Loan
| Loan Amount: | $1,350.00 |
|---|---|
| Loan Use: | To ask for a loan to buy more ingredients to make cake for her customers. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Sep 18, 2008 |
| Date Disbursed: | Oct 2, 2008 |
| Date Funded: | Sep 18, 2008 |
| Loan Ended: | Nov 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: | 18121 |
| Total Loans: | $3,081,200 |
| 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: | 4,060.1500 KHR = 1 USD |
The village bank, which is located in Suong Kaeut village in Kampong Cham province, consists of nine people. Mrs. Meas Sreyneth is the village bank president. She is a cake seller who makes $5 for an income. Since this business is going well, she wants to expand it, so she decided to ask for a loan to buy more ingredients to make cake for her customers. Mrs. Meas Sreyneth is a 26 year old widow with two children who are both too young to work or study because they are only at the ages of two and five.
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 Mrs. Meas Sreyneth Village Bank Group
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Loan has been disbursed
Location: Suong Kaeut Village, Cambodia
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Posted by
Sanjaya Punyasena from Suong Kaeut Village, Cambodia
Sep 21, 2008 |
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Comment on this entry
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Repayment Schedule for Mrs. Meas Sreyneth Village Bank Group
Repayment Schedule for Mrs. Meas Sreyneth Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2008 | $0.00 | $113.00 | |||
| January 2009 | $112.50 | $0.00 |  Repayment Received
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| February 2009 | $112.50 | $112.00 | Repayment Received
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| March 2009 | $112.50 | $112.50 | Repayment Received
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| April 2009 | $112.50 | $112.50 | Repayment Received
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| May 2009 | $112.50 | $112.50 | Repayment Received
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| June 2009 | $112.50 | $112.50 | Repayment Received
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| July 2009 | $112.50 | $112.50 | Repayment Received
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| August 2009 | $112.50 | $112.50 | Repayment Received
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| September 2009 | $112.50 | $112.50 | Repayment Received
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| October 2009 | $112.50 | $112.50 | Repayment Received
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| November 2009 | $112.50 | $112.50 | Repayment Received
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| December 2009 | $112.50 | $112.50 | Repayment Received
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