Mrs. Long Sinith Village Bank Group


Status: Paid Back

$2,750.00   Loan Request
$2,750.00   Paid Back

About the Group

Group Name: Mrs. Long Sinith Village Bank Group
Group Members: Kung Mao
Phat Psal
Hay Net
Vireak Lalin
Long Shethol
Dam Mao
Tum Sokha
Sok Sina
Sim Samnang
Rurs Vannak
Run Thoeurn
Sok Mom
Pech Chhoy
Seng Sokleom
Say Chanhan
Seng Sokly
Lun Sineth
Mann Nov
Long Sinith
Location: Preak Ta Ten Village, Cambodia
Activity: Farming

About the Loan

Loan Amount: $2,750.00
Loan Use: To purchase fertilizers to support her field and more pesticides to kill a variety of crop-threatening insects.
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 Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,075.1500 KHR = 1 USD



Nineteen people in Preak Ta Ten Village in Kandal Province are members of the Village Bank loan, and they plan to use the loan for a variety of purposes. Mrs. Long Sinith, the Village Bank President and a vegetable farmer, is a 54-year-old widow with two children who are employed in a garment factory. Long’s plantation field is currently infertile; in order to solve this problem, she is requesting a loan to purchase fertilizers to support her field as well as more pesticides to kill a variety of crop-threatening insects.

Mrs. Mann Nov is represented in the picture by her husband.




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. Long Sinith Village Bank Group


Loan has been disbursed
 
Entrepreneur: Mrs. Long Sinith Village Bank Group
Location: Preak Ta Ten Village, Cambodia

Thank you for your loan. It has been disbursed to the Mrs. Long Sinith Village Bank group, consisting of Long Sinith, Mann Nov, Lun Sineth, Seng Sokly, Say Chanhan, Seng Sokleom, Pech Chhoy, Sok Mom, Run Thoeurn, Rurs Vannak, Sim Samnang, Sok Sina, Tum Sokha, Dam Mao, Long Shethol, Vireak Lalin, Hay Net, Phat Psal, Kung Mao by Angkor Mikroheranhvatho Kampuchea (AMK) in Cambodia. We are excited to watch this business grow. Over the next 12 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 Preak Ta Ten Village, Cambodia
Oct 1, 2008
Comments (1)

Kiva Help Repayment Schedule for Mrs. Long Sinith Village Bank Group

  Expected Repayments Actual Repayments Comments
January 2009 $229.17 $229.17 Repayment Received
February 2009 $229.17 $229.17 Repayment Received
March 2009 $229.17 $229.17 Repayment Received
April 2009 $229.17 $229.17 Repayment Received
May 2009 $229.17 $229.17 Repayment Received
June 2009 $229.17 $229.16 Repayment Received
July 2009 $229.17 $229.17 Repayment Received
August 2009 $229.17 $229.17 Repayment Received
September 2009 $229.17 $229.18 Repayment Received
October 2009 $229.17 $229.17 Repayment Received
November 2009 $229.17 $229.17 Repayment Received
December 2009 $229.13 $229.13 Repayment Received