Mrs. Channy Koem Village Bank Group


Status: Paying Back

$1,625.00   Loan Amount
91% repaid

About the Group

Group Name: Mrs. Channy Koem Village Bank Group
Group Members: Channy Koem
Channa Khut
Vern Huot
Sophea Pum
Sok Prak
Ly Chan
Hong Brak
Lai Ear Eng
Hun Ly Hean
Chan Ly Los
Samoeun Ross
Location: Svay Chrum Thmey Village, Cambodia
Activity: Retail

About the Loan

Loan Amount: $1,625.00
Loan Use: To buy more beans to sell.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 26, 2008
Date Disbursed: Nov 4, 2008
Date Funded:Dec 21, 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, which consists of eleven members, is located in Svay Chrum Thmey village in Kampong Chhnang Province. They plan to use the loan for various purposes. Mrs. Channy Koem is the village bank president, selected by the members. She is a bean seller in the local market. Since this business is going well, she wants to expand it. Thus, she decided to ask for a loan to buy more beans to sell. She hopes to increase her income and improve her living conditions with this loan. Her husband, Mr. Sin Phalla, is a farmer who owns a plot of land to cultivate rice. Mrs. Channy Koem has three children, two of whom are attending the local school while the youngest one is too young to work or study. All the members of the bank are presented 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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festival
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Fredrik
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Anonymous
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Debbie & Mike
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Claire
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Anonymous
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Journal entries for Mrs. Channy Koem Village Bank Group


Loan has been disbursed
 
Entrepreneur: Mrs. Channy Koem Village Bank Group
Location: Svay Chrum Thmey Village, Cambodia

Thank you for your loan. It has been disbursed to the Channy Koem group, consisting of Channy Koem, Channa Khut, Vern Huot, Sophea Pum, Sok Prak, Ly Chan, Hong Brak, Lai Ear Eng, Hun Ly Hean, Chan Ly Los, Samoeun Ross by AMK in Cambodia. We are excited to watch this business grow. Over the 12 months of this loan, AMK will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Svay Chrum Thmey Village, Cambodia
Dec 22, 2008
Comments (1)

Kiva Help Repayment Schedule for Mrs. Channy Koem Village Bank Group

  Expected Repayments Actual Repayments Comments
February 2009 $135.42 $135.42 Repayment Received
March 2009 $135.42 $135.42 Repayment Received
April 2009 $135.42 $135.42 Repayment Received
May 2009 $135.42 $135.42 Repayment Received
June 2009 $135.42 $222.08 Repayment Received
July 2009 $135.42 $123.30 Repayment Received
August 2009 $135.42 $138.91 Repayment Received
September 2009 $135.42 $111.21 Repayment Received
October 2009 $135.42 $123.28 Repayment Received
November 2009 $135.42 $123.84 Repayment Received
December 2009 $135.42 $98.02  
January 2010 $135.38 Available Jan 1