Mrs. Vath Vanna Village Bank Group
Status: Paid Back
| $4,350.00 | Loan Request | |
|---|---|---|
| $4,350.00 | Paid Back |
About the Group
| Group Name: | Mrs. Vath Vanna Village Bank Group |
|---|---|
| Group Members: |
Phoung Sila Mao Sambath (not pictured) Lach Nam Nut Thoeng Rath Srey Mom Muth Mara Reoung Tang Sambath Sakhan (not pictured) Roem Chanthan Mao Rith Kheav Chann Seang Sokyen Lach Pheap Mom Sokhoeurn (not pictured) Pach Soknath Moa Channary Roeung Saroeurn Nov Ngam Sum Kruy Kung Sophean Moul Saroeng Vath Kunthea Chann Sarim Ratt Vin Roeung Lorn Long Soarm Hoeurn Sreitum Phurng Vanthan Pach Samnang Vath Vanna |
| Location: | Preak Ta Ten Village, Cambodia |
| Activity: | Farming |
About the Loan
| Loan Amount: | $4,350.00 |
|---|---|
| Loan Use: | To buy more rice seeds to cultivate rice. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Sep 25, 2008 |
| Date Disbursed: | Oct 9, 2008 |
| Date Funded: | Sep 25, 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: | 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: | 4,075.1500 KHR = 1 USD |
One member in this village bank has end-of-term loans and the rest have monthly payment loans. This member is not required to pay any principal on the loan until the very end of the loan term. End-of-term (EoT) loans are AMK's main product because it is the most beneficial to Cambodia's poor. It allows them to repay portions of the principal whenever they are financially able to. Most clients start to make payments many months before the end of the loan term. Almost all of AMK's clients make their payments on time. AMK has a delinquency rate of only 0.09% and AMK has a default rate of 0% on Kiva.
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. Vath Vanna Village Bank Group
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Loan has been disbursed
Location: Preak Ta Ten Village, Cambodia
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Posted by
Sanjaya Punyasena from Preak Ta Ten Village, Cambodia
Oct 1, 2008 |
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Comments (1)
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Repayment Schedule for Mrs. Vath Vanna Village Bank Group
Repayment Schedule for Mrs. Vath Vanna Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2009 | $362.50 | $362.50 |  Repayment Received
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| February 2009 | $362.50 | $362.50 | Repayment Received
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| March 2009 | $362.50 | $362.50 | Repayment Received
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| April 2009 | $362.50 | $362.50 | Repayment Received
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| May 2009 | $362.50 | $362.50 | Repayment Received
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| June 2009 | $362.50 | $362.50 | Repayment Received
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| July 2009 | $362.50 | $362.50 | Repayment Received
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| August 2009 | $362.50 | $362.50 | Repayment Received
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| September 2009 | $362.50 | $362.50 | Repayment Received
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| October 2009 | $362.50 | $362.50 | Repayment Received
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| November 2009 | $362.50 | $362.50 | Repayment Received
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| December 2009 | $362.50 | $362.50 | Repayment Received
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