Mrs. Sok Khen Village Bank Group
Status: Paid Back
| $2,250.00 | Loan Request | |
|---|---|---|
| $2,250.00 | Paid Back |
About the Group
| Group Name: | Mrs. Sok Khen Village Bank Group |
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| Group Members: |
Sok Khen Sophat Phorn Sophorn Lor Lov Nov Sok Penh Roen Phorn Sorth Shem Mon Um Saron Soung Saven Khun Nim Orm Bor Eak Borei Hem Phum Chhit Bros Phat Leab Sar Khon Sar Sokny Choen Nav Sao Mon Lun Shivorn Chen |
| Location: | Veal Kandal Village, Cambodia |
| Activity: | Farming |
About the Loan
| Loan Amount: | $2,250.00 |
|---|---|
| Loan Use: | Buy fertilizer to increase the productivity of the rice field |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 23, 2008 |
| Date Disbursed: | Oct 23, 2008 |
| Date Funded: | Dec 18, 2008 |
| Loan Ended: | Nov 15, 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: | 18052 |
| Total Loans: | $3,071,150 |
| 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 |
Mrs. Sok Khen was selected as the village bank president by the 21 members of the group. They live in the Veal Kandal village in Kandal Province, Cambodia. She has a 1-hectare farm where she cultivates rice to sell. Her field in infertile, and the crops have been badly affected. To resolve this problem, Mrs. Sok Khen requests a loan to buy fertilizers to improve the field and make her rice crop more productive. She is a 62-year-old widow with five children; two are employed in a garment factory, one is a construction worker, and the other two children 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
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. Sok Khen Village Bank Group
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Loan has been disbursed
Location: Veal Kandal Village, Cambodia
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Posted by
from Veal Kandal Village, Cambodia
Dec 19, 2008 |
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Comment on this entry
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Repayment Schedule for Mrs. Sok Khen Village Bank Group
Repayment Schedule for Mrs. Sok Khen Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| February 2009 | $375.00 | $356.38 |  Repayment Received
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| March 2009 | $187.50 | $147.62 | Repayment Received
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| April 2009 | $187.50 | $154.96 | Repayment Received
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| May 2009 | $187.50 | $157.40 | Repayment Received
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| June 2009 | $187.50 | $181.85 | Repayment Received
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| July 2009 | $187.50 | $150.07 | Repayment Received
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| August 2009 | $187.50 | $218.54 | Repayment Received
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| September 2009 | $187.50 | $140.28 | Repayment Received
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| October 2009 | $187.50 | $140.28 | Repayment Received
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| November 2009 | $187.50 | $147.62 | Repayment Received
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| December 2009 | $187.50 | $455.00 | Repayment Received
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