Mrs. Meng Yoen's Village Bank Group
Status: Paid Back
| $4,625 |
Loan Request
Disbursed
: Oct 17, 2008
Listed: Oct 1, 2008
Funded: Oct 3, 2008
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|---|---|
| $4,625 |
Paid Back
Ended: Oct 15, 2009
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About the Field Partner
| AMK (Angkor Microfinance Kampuchea) administers this loan. Learn more | |||||||
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| Field Partner: | AMK (Angkor Microfinance Kampuchea) | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 23 months | ||||||
| Kiva Entrepreneurs: | 22773 | ||||||
| Total Loans: | $3,883,475 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| 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 |
| Currency: | Cambodia Riels (KHR) |
| Exchange Rate: | 4,137.1000 KHR = 1 USD |
In this Group:
Touch Phally, Lor Noa, Keo Mom, Chea Kunthea, Khat Srey Von, Kung Chan, Chhoun Vanny, Sou Chanthon, Chea Oun, Ou Tha, Chhoeng Savat, Han Kung, Hing Mon, Seng Saroen, Eang Chean, Leak Chea, You Srey Net, Hem Sarom, Soun Sopheap, Heang Da, Chhorn Eam, Nor Chan, Hang Phall, Mok Sopheak, Sam Savoen, Soun Lekha, Houn Bunthorn, Sao Ven, Meas Oun, Nao Malis, Lor Chinda, Sorth Kroum, Yeng Seng, Meng Yoen
Touch Phally, Lor Noa, Keo Mom, Chea Kunthea, Khat Srey Von, Kung Chan, Chhoun Vanny, Sou Chanthon, Chea Oun, Ou Tha, Chhoeng Savat, Han Kung, Hing Mon, Seng Saroen, Eang Chean, Leak Chea, You Srey Net, Hem Sarom, Soun Sopheap, Heang Da, Chhorn Eam, Nor Chan, Hang Phall, Mok Sopheak, Sam Savoen, Soun Lekha, Houn Bunthorn, Sao Ven, Meas Oun, Nao Malis, Lor Chinda, Sorth Kroum, Yeng Seng, Meng Yoen
About the Loan
| Location: | Kandal Leu Village, Cambodia | Repayment Term: | 13 months (more info) |
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|---|---|---|---|---|
| Activity: | Fishing | Repayment Schedule: | Monthly | |
| Loan Use: | To buy fishing supplies | Currency Exchange Loss: | Covered | |
| Default Protection: | Covered |
The Village Bank, which is located in Kandal Leu Village in Kandal Province, consists of 34 members. Each person plans to use the loan for different purposes. Mrs. Meng Yoen is the village bank president, and she owns a grocery store in the local market. Her husband, Mr. Suong Hi, is a farmer who has a two-hectare field where he cultivates rice. Aside from this business, he is a fisherman but he does not have enough fishing tools to gather fish to support his family. To solve this problem, Mrs. Meng Yoen decided to ask for a loan to buy more fishnets and fish lines to catch more fish so they can meet the needs of their family. Mrs. Meng Yoen is 41 years old and the mother of five children, two of whom are employed in a garment factory while the others 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
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. Meng Yoen's Village Bank Group
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Loan has been disbursed
Location: Kandal Leu Village, Cambodia
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Posted by
Sanjaya Punyasena from Kandal Leu Village, Cambodia
Oct 5, 2008 |
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Comment on this entry
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Repayment Schedule for Mrs. Meng Yoen's Village Bank Group
Repayment Schedule for Mrs. Meng Yoen's Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
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| January 2009 | $420.45 | $420.45 |  Repayment Received
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| February 2009 | $420.45 | $420.45 | Repayment Received
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| March 2009 | $420.45 | $420.45 | Repayment Received
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| April 2009 | $420.45 | $420.45 | Repayment Received
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| May 2009 | $420.45 | $420.45 | Repayment Received
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| June 2009 | $420.45 | $420.45 | Repayment Received
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| July 2009 | $420.45 | $420.45 | Repayment Received
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| August 2009 | $420.45 | $420.45 | Repayment Received
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| September 2009 | $420.45 | $420.45 | Repayment Received
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| October 2009 | $420.45 | $420.45 | Repayment Received
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| November 2009 | $420.50 | $420.50 | Repayment Received
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