Sopun Peach's Group


Status: Paid Back

$1,550.00   Loan Request
$1,550.00   Paid Back

About the Group

Group Name: Sopun Peach's Group
Group Members: Chhin Prum
Dina Pov
Saron Chhay
Sambo Moul
Sopun Peach
Location: Battambang, Cambodia
Activity: Manufacturing

About the Loan

Loan Amount: $1,550.00
Loan Use: To use for his lathe operation
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 22, 2008
Date Disbursed: Nov 6, 2008
Date Funded:Oct 23, 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 and there are 5 members. Mr. Sopun Peach is a lathe operator. He has been working since 1995 and currently earns around $5 per day. He lives with his elderly father who stays home. To expand his business, Sopun needs a loan of $350 to use for his lathe operation. Sopun is the group leader; the other members are:

1- Sambo Moul is widowed and sells cooked rice. She needs a loan of $300 to add to her saved money to purchase a second-hand motorcycle to transport her rice to sell.
2- Saron Chhay sells groceries and needs a loan of $300 to purchase grocery inventory to sell.
3- Dina Pov sells sugarcane juice. She needs a loan of $300 to purchase sugarcane and to build a small store to serve clients.
4- Chhin Prum is widowed and sells porridge. She needs a loan of $300 to purchase piglets to breed.

This group of people lives in Prek Preahsdach 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

john w
Franklin, TN
United States

Karla & Martin
Uttenreuth,
Germany

Jenn and Dan
Taipei Taiwan,
Taiwan

Jeremy
Clearwater, FL
United States

Laurent D
Brussels,
Belgium

Maureen
Clifton Park, NY
United States

Francois
Paris,
France

Bob & Sandy
Grand Rapids, MI
United States

teresa and rick
Annandale, VA
United States

Pushpam & Christina
Morgantown, WV
United States

Leopold
St.Peter/Au,
Austria

Anonymous
Hanwell, London
United Kingdom

Helen
Ashfield, New South Wales
Australia

Jo Ann
Medford, OR
United States

Darryl
Maryland,
United States

Ann
Bundaberg South, Queensland
Australia

Jennifer
Edmonton, Alberta
Canada

Phil Smoke
Columbus, OH
United States

Tyler
Madison, WI
United States

Hilary
Oakland, CA
United States

fishpole
Vancouver, BC
Canada

Douglas
Bay CIty, MI
United States

Scott
Emeryville, CA
United States

Vern
Hanover, MA
United States

The Benefield Family
Sugar Hill, GA
United States

Jonny Goff
Kensington, London
United Kingdom

Aimee
Seattle, WA
United States

Malcolm
San Rafael, CA
United States

Kris & Andy
Seattle, WA
United States

Tara
Vancouver, British Columbia
Canada

Anonymous
southern pines, NC
United States

Cory
san diego, CA
United States

Stephen
Calgary, Alberta
Canada

Anonymous
Columbus, OH
United States

Julian
Dunstable, Bedfordshire
United Kingdom

Thomas
Fort Worth, TX
United States

Erik
Venice, CA
United States

Douglas
Puerto Vallarta, Jalisco
Mexico

Franz
Stanford, CA
United States

Andreas
Malmö, Sweden
Sweden

Beks
Mt Maunganui, B.O.P
New Zealand



Top Lending Teams for this group


Team Obama
Common Interest
3019 Members

Team Kisman
Families
2 Members

Kiva Buddhists
Religious Congregations
223 Members

Agape Friends
Religious Congregations
1 Member

Stanford University
Colleges/Universities
190 Members

Journal entries for Sopun Peach's Group


Loan has been disbursed
 
Entrepreneur: Sopun Peach's Group
Location: Battambang, Cambodia

Thank you for your loan. It has been disbursed to the Sopun Peach group, consisting of Sopun Peach, Sambo Moul, Saron Chhay, Dina Pov, Chhin Prum 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 23, 2008
Comment on this entry

Kiva Field Update - Message from Kiva Fellow in Cambodia
 
Entrepreneur: Sopun Peach'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 Sopun Peach's Group

  Expected Repayments Actual Repayments Comments
February 2009 $155.00 $155.00 Repayment Received
March 2009 $155.00 $155.00 Repayment Received
April 2009 $155.00 $155.00 Repayment Received
May 2009 $155.00 $155.00 Repayment Received
June 2009 $155.00 $155.00 Repayment Received
July 2009 $155.00 $155.00 Repayment Received
August 2009 $155.00 $155.00 Repayment Received
September 2009 $155.00 $155.00 Repayment Received
October 2009 $155.00 $155.00 Repayment Received
November 2009 $155.00 $155.00 Repayment Received