Mrs. Pao Soun Village Bank Group


Status: Paying Back

$1,550.00   Loan Amount
66% repaid

About the Group

Group Name: Mrs. Pao Soun Village Bank Group
Group Members: Pao Soun
Yi Sok
Sarim Choun
Chean Mom
Som Ying
Chansim Im
Sam Arth Try
Sitha Khna
Yann Boem
Mom Sor
Theng Sok
Srey Men
Load Yoem
Chanthy Choeurn
Mom Sous
Sokhhim Nuth
Chanreang Mi
Voeurn Om
Khhoeun Prak
Khai Brak
Phall Yem
Location: Ou Ta Sek Village, Cambodia
Activity: Farming

About the Loan

Loan Amount: $1,550.00
Loan Use: To purchase fertilizers to support her husband's field.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 27, 2008
Date Disbursed: Nov 7, 2008
Date Funded:Nov 28, 2008

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,116.9500 KHR = 1 USD



This village bank loan, led by Mrs. Pao Soun, a basket maker, consists of 21 members living in Ou Ta Sek Village in Kampong Chhnang Province. Each will use the loan for different purposes. For example, Pao’s husband, Mr. Va Chor, is a farmer whose field is currently infertile, so Pao is requesting a loan to purchase fertilizers to support his field and make it more productive.



Mrs. Pao Soun is 35 years old and the mother of six children, all attending the local school. The two men in the picture are there in place of their wives.



This is a village bank loan consisting of 16 end-of-term loans and 5 monthly payment loans. The former are not required to pay any principal on the loan until the very end of the term. End-of-term (EoT) loans are AMK’s main product because they are the most beneficial to Cambodia’s poor, allowing them to repay portions of the principal whenever they are financially able to. Most clients start to make payments many months before the end of the loan term. Almost all of AMK’s clients make their payments on time. AMK has a delinquency rate of only 0.09% and a default rate of 0% with Kiva.




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

Lyse
Lorraine, Quebec
Canada

Anonymous
Santa Monica, CA
United States

Maya
Pittsburgh, PA
United States

ckowyong
Singapore, Singapore
Singapore

Manisha
Potomac, MD
United States

Kurt
Round Rock, TX
United States

Jane M
Melbourne, Victoria
Australia

Wonga.com
London, London
United Kingdom

Emily
Brownsville, TX
United States

Bob
Gravenhurst, Ontario
Canada

pierre
COMBS LA VILLE,
France

Leopold
St.Peter/Au,
Austria

Gerry
San Clemente, CA
United States

Noelle
Mill Valley, CA
United States

Dude
CHANDLER, AZ
United States

harold
sackville, New Brunswick
Canada

Tony
San Jose, CA
United States

Sarah
San Jose, CA
United States

Anonymous

Ian
san francisco, CA
United States

Julie
ajax, Ontario
Canada

Anonymous
Albany, Oregon
United States

Charles
Princeton, NJ
United States

Anthony
Palo Alto, CA
United States

Anonymous
S, SP
Brazil

Anonymous
San Francisco, CA
United States

Gwyneth
Nampa, ID
United States

Anonymous
Siloam Springs, AR
United States

Friends of MTS Allstream
Winnipeg, Manitoba
Canada

Sarah
YARRAMALONG, New South Wales
Australia

Jason
Menlo Park, CA
United States

Ray
San Francisco, CA
United States

Andy (& Macha)
Sanchez, Samana
Dominican Republic

Roberto
West Hartford, CT
United States

twiga
Cambridge, MA
United States

Jay
CV, CA
United States

Anonymous
Northfield, MN
United States

Kaye
Santa Cruz, CA
United States

Bill and Betty
Boulder, CO
United States

Thomas
San Francisco, CA
United States



Top Lending Teams for this group


Descendant's of Thomas Lacy
Families
3 Members

UCSF Internal Medicine
Colleges/Universities
4 Members

Singapore
Local Area
113 Members

Wonga.com
Businesses
47 Members

Stanford GSB
Alumni Groups
9 Members

Journal entries for Mrs. Pao Soun Village Bank Group


Loan has been disbursed
 
Entrepreneur: Mrs. Pao Soun Village Bank Group
Location: Ou Ta Sek Village, Cambodia

Thank you for your loan. It has been disbursed to the Pao Soun group, consisting of Pao Soun, Yi Sok, Sarim Choun, Chean Mom, Som Ying, Chansim Im, Sam Arth Try, Sitha Khna, Yann Boem, Mom Sor, Theng Sok, Srey Men, Load Yoem, Chanthy Choeurn, Mom Sous, Sokhhim Nuth, Chanreang Mi, Voeurn Om, Khhoeun Prak, Khai Brak, Phall Yem by AMK in Cambodia. We are excited to watch this business grow. Over the next 12 months, AMK will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ou Ta Sek Village, Cambodia
Nov 29, 2008
Comment on this entry

Kiva Help Repayment Schedule for Mrs. Pao Soun Village Bank Group

  Expected Repayments Actual Repayments Comments
February 2009 $61.02 $63.46 Repayment Received
March 2009 $61.02 $63.46 Repayment Received
April 2009 $61.02 $66.03 Repayment Received
May 2009 $61.02 $139.35 Repayment Received
June 2009 $61.02 $53.70 Repayment Received
July 2009 $61.02 $51.28 Repayment Received
August 2009 $61.02 $75.72 Repayment Received
September 2009 $61.02 $51.26 Repayment Received
October 2009 $61.02 $153.78 Repayment Received
November 2009 $61.02 $180.63 Repayment Received
December 2009 $61.02 $126.93 Repayment Received
January 2010 $878.78 Available Jan 1