Mrs. Mom Hor Village Bank Group
Status: Paid Back
| $1,900.00 | Loan Request | |
|---|---|---|
| $1,900.00 | Paid Back |
About the Group
| Group Name: | Mrs. Mom Hor Village Bank Group |
|---|---|
| Group Members: |
Mom Hor Keov Nao Sambath Chheng Kak Sorn Pao Khlouk Sarem Phan Thea San Chantrea Sok Shidoen Pon Vannak Shorn Hem Chheng Saron Ken Saory Chheng Sokry Hong |
| Location: | Preak Samraong Village, Cambodia |
| Activity: | Fruits & Vegetables |
About the Loan
| Loan Amount: | $1,900.00 |
|---|---|
| Loan Use: | To buy different kinds of fruit to re-sell. |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 28, 2008 |
| Date Disbursed: | Nov 5, 2008 |
| Date Funded: | Dec 23, 2008 |
| Loan Ended: | Sep 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 |
This request includes some end-of-term loans. Two members have end-of-term loans and the rest have monthly payment loans. The former are not required to pay any principal on the loan until the very end of the loan term. End-of-term (EoT) loans are AMK’s main product because they are most beneficial to Cambodia’s poor. These loans allow them to repay portions of the principal whenever they are financially able. 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 AMK has a default rate of 0% on Kiva loans.
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. Mom Hor Village Bank Group
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Loan has been disbursed
Location: Preak Samraong Village, Cambodia
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Posted by
from Preak Samraong Village, Cambodia
Dec 24, 2008 |
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Comment on this entry
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Repayment Schedule for Mrs. Mom Hor Village Bank Group
Repayment Schedule for Mrs. Mom Hor Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| February 2009 | $172.73 | $319.20 |  Repayment Received
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| March 2009 | $172.73 | $159.60 | Repayment Received
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| April 2009 | $172.73 | $159.60 | Repayment Received
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| May 2009 | $172.73 | $159.60 | Repayment Received
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| June 2009 | $172.73 | $159.59 | Repayment Received
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| July 2009 | $172.73 | $159.60 | Repayment Received
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| August 2009 | $172.73 | $159.60 | Repayment Received
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| September 2009 | $172.73 | $159.60 | Repayment Received
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| October 2009 | $172.73 | $463.61 | Repayment Received
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| November 2009 | $172.73 | $0.00 | Repayment Received
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| December 2009 | $172.70 | Available Dec 1 | Repayment Received
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