Mrs. Chan Thy Village Bank Group
Status: Paying Back
| $2,675.00 | Loan Amount |
|---|
2% repaid
About the Group
| Group Name: | Mrs. Chan Thy Village Bank Group |
|---|---|
| Group Members: |
Chan Thy So Met Som Phan Chim Uon Ou Sam Chuop Sopha Va Khoeun Sor Sang Sok Voeun Pil Sor Choup Channa Vin Sochea Kruy Net Sam Sophal Kroy (not pictured) Phalla Heng Rin Chuop Kun Thea Im Nouv Chea Savoeurn Srey Sophea Chhoem |
| Location: | Por Pel Pok Village, Cambodia |
| Activity: | Agriculture |
About the Loan
| Loan Amount: | $2,675.00 |
|---|---|
| Loan Use: | Buy more rice seeds for planting |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | At end of term |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 23, 2008 |
| Date Disbursed: | Oct 23, 2008 |
| Date Funded: | Dec 18, 2008 |
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: | 4,116.9500 KHR = 1 USD |
The village bank includes twenty people, who live in the Por Pel Pok village in Kampong Chhnang Province, Cambridge. Mrs. Chan Thy So is the village bank president, and she is rice farmer. She does not have enough rice seeds to plant a new crop. So she requests a loan to buy more rice seeds. With some of the money from the loan, she also plant to buy fishing nets for Mr. Nu Saron, her husband, who is a fisherman in the local village.
Mrs. Chan Thy So is 52 years old and the mother of five children; two children are employed in a garment factory, and the others attend the local school. (Mr. Met Som's wife is requesting a loan also, and she is in the picture.)
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. Chan Thy Village Bank Group
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Loan has been disbursed
Location: Por Pel Pok Village, Cambodia
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Posted by
from Por Pel Pok Village, Cambodia
Dec 19, 2008 |
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Comment on this entry
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Repayment Schedule for Mrs. Chan Thy Village Bank Group
Repayment Schedule for Mrs. Chan Thy Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| February 2009 | $0.00 | $24.43 | |||
| September 2009 | $0.00 | $4.89 | |||
| October 2009 | $0.00 | $43.97 | |||
| December 2010 | $2,675.00 | Available Dec 1 | |||
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