Tho Koet's Group


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Group

Group Name: Tho Koet's Group
Group Members: Tho Koet
Sok Ngim Dy
Sok Ngim Hun
Stoeung Ham
Location: Tuol Thma Village, Cambodia
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $600.00
Loan Use: To ask for a loan to buy different kinds of vegetable to re-sell to her customers.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 11, 2008
Date Disbursed: Oct 9, 2008
Date Funded:Nov 11, 2008
Loan Ended:May 15, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,081.7500 KHR = 1 USD



Koet Tho is 28 years old and the mother of two children. One child is in school, and the other is three years old. Koet is a vegetable seller in the local market. Her husband Sambath Chea, helps her in the current business. Her business is going well, and she wants to expand it so she has asked for a loan to buy different kinds of vegetable to re-sell to her customers.
Koet is a group leader of four who all live in Tuol Thma Village in Kampong Cham 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

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Journal entries for Tho Koet's Group


Loan has been disbursed
 
Entrepreneur: Tho Koet's Group
Location: Tuol Thma Village, Cambodia

Thank you for your loan. It has been disbursed to the Tho Koet group, consisting of Tho Koet, Sok Ngim Dy, Sok Ngim Hun, Stoeung Ham by AMK in Cambodia. We are excited to watch this business grow. Over the next 5 months, AMK will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tuol Thma Village, Cambodia
Nov 12, 2008
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Kiva Help Repayment Schedule for Tho Koet's Group

  Expected Repayments Actual Repayments Comments
January 2009 $120.00 $120.00 Repayment Received
February 2009 $120.00 $120.00 Repayment Received
March 2009 $120.00 $120.00 Repayment Received
April 2009 $120.00 $120.00 Repayment Received
May 2009 $120.00 $0.00 Repayment Received
June 2009 $0.00 $120.00