Mrs. Chhay Kemheng's Village Bank Group
Status: Paid Back
| $2,975.00 | Loan Request | |
|---|---|---|
| $2,975.00 | Paid Back |
About the Group
| Group Name: | Mrs. Chhay Kemheng's Village Bank Group |
|---|---|
| Group Members: |
Muth Sophata Soun Lina Toun Setha Men Thol Long Sothy Hem Sarat Seik Choun Mao Vy Saom Srey Mom Noun Bor Kung Kem Heang Shem Kunthea Phoung Savorn Krouch Leang Ny Krouy Shem Nang Chea Thorn Heng Heang Ros Sotheary Chum Bora Chhay Kemheng |
| Location: | Kandal Leu Village, Cambodia |
| Activity: | Home Products Sales |
About the Loan
| Loan Amount: | $2,975.00 |
|---|---|
| Loan Use: | To buy more dinnerware to resell |
| Repayment Term: | 12 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Oct 15, 2008 |
| Date Disbursed: | Oct 31, 2008 |
| Date Funded: | Oct 17, 2008 |
| Loan Ended: | Sep 18, 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: | 18202 |
| Total Loans: | $3,094,975 |
| 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: | 4,177.5500 KHR = 1 USD |
This village bank consists of twenty-one members who are located in Kandal Leu Village in Kandal Province, Cambodia.
Mrs. Chhay Kemheng has been selected by the members to be the village bank president. She owns a small store where she sells dinnerware (plates, glasses, chopsticks…etc). Her business is going well and she wants to expand it, so she has decided to ask for a loan to buy more dinnerware to resell to her customers.
Her husband, Mr. Chum Routha, has a small business in which he uses electricity to charge customers' batteries.
Mrs. Chhay Kemheng is 34 years old and the mother of three children, a 3-year-old, and two children who attend 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
Mrs. Chhay Kemheng has been selected by the members to be the village bank president. She owns a small store where she sells dinnerware (plates, glasses, chopsticks…etc). Her business is going well and she wants to expand it, so she has decided to ask for a loan to buy more dinnerware to resell to her customers.
Her husband, Mr. Chum Routha, has a small business in which he uses electricity to charge customers' batteries.
Mrs. Chhay Kemheng is 34 years old and the mother of three children, a 3-year-old, and two children who attend 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
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Journal entries for Mrs. Chhay Kemheng'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 20, 2008 |
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Comment on this entry
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Repayment Schedule for Mrs. Chhay Kemheng's Village Bank Group
Repayment Schedule for Mrs. Chhay Kemheng's Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
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| January 2009 | $297.50 | $297.50 |  Repayment Received
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| February 2009 | $297.50 | $297.50 | Repayment Received
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| March 2009 | $297.50 | $297.50 | Repayment Received
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| April 2009 | $297.50 | $297.50 | Repayment Received
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| May 2009 | $297.50 | $297.50 | Repayment Received
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| June 2009 | $297.50 | $297.49 | Repayment Received
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| July 2009 | $297.50 | $297.50 | Repayment Received
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| August 2009 | $297.50 | $297.50 | Repayment Received
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| September 2009 | $297.50 | $297.51 | Repayment Received
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| October 2009 | $297.50 | $297.50 | Repayment Received
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