Saret Roeun's Group


Status: Paid Back

$900.00   Loan Request
$900.00   Paid Back

About the Group

Group Name: Saret Roeun's Group
Group Members: Sarom Roeun
Chamruen Sou
Saret Roeun
Location: Battambang, Cambodia
Activity: General Store

About the Loan

Loan Amount: $900.00
Loan Use: Purchasing more groceries
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 19, 2008
Date Disbursed: Nov 2, 2008
Date Funded:Oct 19, 2008
Loan Ended:Oct 15, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:United States Dollars (USD)



This is a group loan that contains three members. Mrs. Saret is group leader. Mrs. Saret Roeun, 29, is grocery seller. Normally, she sells her groceries in crowded places. Her husband is a motorcycle taxi driver in Battambang town. With their incomes, Saret always manages her cash carefully. She cares for two children, both of whom are attending school. To increase her family's income by satisfying her customers' requests, she would like a loan of US$300 to purchase more grocery inventory to sell. In the future, she wants all of her children to graduate from university and get good jobs.



Mr. Chamruen Sou is an ice-cream seller. She requested a loan of US$300 to purchase a second hand motorcycle to sell her ice-cream by transporting it to customers' homes.



Mrs. Sarom Roeun is a general products seller. She requested a loan of US$300 to purchase more of a variety of products to sell.



They are all people who are living in Svay Por Commune, Battambang Province.



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


Subscribe

Lenders to this group

Oliver
Pfaffenhofen a. d. Ilm,
Germany

sarah eikenberry
Andover, MA
United States

Nick & Den
Auckland, New Zealand
New Zealand

Jeff
Portland, OR
United States

Tom
Everett, WA
United States

jennifer
san Francisco, CA
United States

Bob
Rotterdam, Zuid-Holland
Netherlands

Bridget
Dartmouth, Nova Scotia
Canada

Chuck and Bridget
Arlington Hgts, IL
United States

Barbara
san diego, CA
United States

Anonymous

cheryl
Chicago, IL
United States

RKW
Seattle, WA
United States

Mary
Lambertville, NJ
United States

New York Sean
River Hills, WI
United States

Kimberly
Winchester, CA
United States

Jennifer
Gilbert, AZ
United States

Martha and Robert
Washington, DC
United States

Anonymous
Cambridge, MA
United States

Kasia
Southington , CT
United States

william
santa monica, CA
United States

word woman
Portland, OR
United States

LeRoy
Lafayette, CO
United States

Kelsea
Seattle, WA
United States

Frank
Kitchener, Ontario
Canada

anne
san diego, CA
United States

Bonnie
Whitewater, CO
United States



Top Lending Teams for this group


Team CANADA
Local Area
630 Members

Unitarian Universalists
Religious Congregations
295 Members

Kiva Team Germany
Local Area
528 Members

River Hills Dreamers
Common Interest
1 Member

Kiva Kiwis
Local Area
176 Members

Journal entries for Saret Roeun's Group


Loan has been disbursed
 
Entrepreneur: Saret Roeun's Group
Location: Battambang, Cambodia

Thank you for your loan. It has been disbursed to the Saret Roeun group, consisting of Saret Roeun, Chamruen Sou, Sarom Roeun by Hattha Kaksekar Limited (HKL), a partner of Save the Children in Cambodia. We are excited to watch this business grow. Over the next 10 months, Hattha Kaksekar Limited (HKL), a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Phal Sovannarith from Battambang, Cambodia
Oct 19, 2008
Comment on this entry

Kiva Field Update - Message from Kiva Fellow in Cambodia
 
Entrepreneur: Saret Roeun's Group
Location: Battambang, Cambodia

Thank you for supporting a Kiva entrepreneur in Cambodia. My name is Drew Loizeaux, and I have been serving as a Kiva Fellow with one of Kiva’s partners in Cambodia, Hattha Kaksekar Limited (HKL), for the last three months. Working alongside the fantastic staff here, and meeting many of the clients that your loans have funded, has been a tremendously inspiring experience. Without you, the Kiva lenders, none of this would be possible.

Working at HKL with everyone from management to field staff, I have seen first hand the dedication to fostering these relationships. HKL staff serve their clients with an amazing amount of respect and understanding that, in turn, creates a great level of trust between both parties. The Kiva model flourishes with this trust, because many important details of the lives and businesses of the entrepreneurs that would otherwise be missed are passed on to the lenders.

Before I became a Kiva Fellow, my favorite part of the lending process was receiving updates on the Kiva entrepreneurs who I had lent to. It was like a small window into their lives, and it made me feel like I was able to make the world better in some small but tangible way. As a Kiva Fellow, visiting with clients and finding out about the borrowers’ progress is still my favorite part of working with Kiva.

Many of you have received updates on HKL loans, but I know many others have not. We have been working extremely hard to get as many journals as possible written, but with current staffing and the number of HKL loans on Kiva, we have been focusing on the loans that are ending soon. In the next year, we anticipate that you will receive individual updates on a large majority of your loans. In the meantime, I would like to share the videos and journals for three of my favorite meetings with Kiva Entrepreneurs during my time here. I hope you enjoy them!

Soch Han and her family make bricks from the earth on their property. When I went to visit with them, they were removing the bricks from the oven. This activity made a very interesting video, which you can watch here: http://www.youtube.com/watch?v=ofLQtOnADko&_te=mj. Read the entire journal of our visit on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=46326&_te=mj

Rom Chhoeuy sells fish and traditional fish paste at a local market. When I visited with her, I asked her what her hopes and dreams are for the future. When her kids realized that they were being videotaped, they were very excited about it and spent the whole time waving at me. You can see the video here: http://www.youtube.com/watch?v=kN-DBP1CLls&_te=mj. Read the whole journal on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=53965&_te=mj

Khean Tol has many business endeavors, including farming, raising pigs, making baskets, and making rice wine. When I went to visit her, she was in the middle of making a set of baskets and was kind enough so show me how she makes them. You can watch video of this here: http://www.youtube.com/watch?v=qNDJQrkc7UA&_te=mj. Read the whole journal on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=47715&_te=mj.

On behalf of Kiva and everyone here at HKL, thanks again for your loan and continued support of entrepreneurs in Cambodia.

Sincerely,

Drew Loizeaux,

Kiva Fellow with HKL

Phnom Penh, Cambodia


Posted by JD Bergeron, Kiva Staff, from San Francisco, United States
Jun 11, 2009
Comments (26)

Kiva Help Repayment Schedule for Saret Roeun's Group

  Expected Repayments Actual Repayments Comments
February 2009 $90.00 $90.00 Repayment Received
March 2009 $90.00 $90.00 Repayment Received
April 2009 $90.00 $90.00 Repayment Received
May 2009 $90.00 $90.00 Repayment Received
June 2009 $90.00 $90.00 Repayment Received
July 2009 $90.00 $90.00 Repayment Received
August 2009 $90.00 $90.00 Repayment Received
September 2009 $90.00 $90.00 Repayment Received
October 2009 $90.00 $90.00 Repayment Received
November 2009 $90.00 $90.00 Repayment Received