Sothy Keo's Group


Status: Paid Back

$750.00   Loan Request
$750.00   Paid Back

About the Group

Group Name: Sothy Keo's Group
Group Members: Sothy Keo
Savon Phan
Phany Phai
Seing Ngoun
Soun Vorn
Location: Veal Thom Village, Cambodia
Activity: Restaurant

About the Loan

Loan Amount: $750.00
Loan Use: To buy more ingredients to make delicious Chinese noodles.
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 1, 2009
Date Disbursed: Dec 5, 2008
Date Funded:Jan 5, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,044.8500 KHR = 1 USD



Mrs. Sothy Keo is a group leader of five who all live in Veal Thom village in Kandal province. She owns a small restaurant where she sells Chinese noodles to the villagers and the passengers. Since this business is going well, she wants to expand it, so she decided to ask for a loan to buy more ingredients to make noodles for her customers. Her husband, Mr. Chea Sok, is a construction worker who makes a small income to support the family. Mrs. Sothy Keo is 43 years old and the mother of five children, four of whom are enrolled in the local school while the youngest is too young to work or study.


Mrs. Sothy Keo will share this loan with the other members of her group.



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 Sothy Keo's Group


Loan has been disbursed
 
Entrepreneur: Sothy Keo's Group
Location: Veal Thom Village, Cambodia

Thank you for your loan. It has been disbursed to the Sothy Keo's Group group, consisting of Sothy Keo, Savon Phan, Phany Phai, Seing Ngoun, Soun Vorn by AMK in Cambodia. We are excited to watch this business grow. Over the 10 months of this loan, AMK will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Veal Thom Village, Cambodia
Jan 6, 2009
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Kiva Help Repayment Schedule for Sothy Keo's Group

  Expected Repayments Actual Repayments Comments
March 2009 $75.00 $75.00 Repayment Received
April 2009 $75.00 $75.00 Repayment Received
May 2009 $75.00 $75.00 Repayment Received
June 2009 $75.00 $75.00 Repayment Received
July 2009 $75.00 $75.00 Repayment Received
August 2009 $75.00 $150.00 Repayment Received
September 2009 $75.00 $0.00 Repayment Received
October 2009 $75.00 $75.00 Repayment Received
November 2009 $75.00 $75.00 Repayment Received
December 2009 $75.00 $75.00 Repayment Received