Mrs. Phalla Choung Village Bank Group
Status: Paying Back
| $1,450.00 | Loan Amount |
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83% repaid
About the Group
| Group Name: | Mrs. Phalla Choung Village Bank Group |
|---|---|
| Group Members: |
Phalla Choung Houy Hai Thol Choy Chanthy Prak Chan Pao Puthinyda Meas Ratha Meas Savy Em Kunthea Em Samnang Em |
| Location: | Anlong Romeit Choeng Village, Cambodia |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $1,450.00 |
|---|---|
| Loan Use: | To purchase more grocery goods for her business. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 1, 2009 |
| Date Disbursed: | Dec 9, 2008 |
| Date Funded: | Jan 12, 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: | 4,161.7000 KHR = 1 USD |
Ten people living in Anlong Romeit Choeng Village in Kandal Province comprise this village bank loan, and they will use the loan for various purposes. For example, Mrs. Phalla Choung, the 44-year-old village bank president, owns a small grocery store in the local village. Since her business is doing well, she wants to expand it by purchasing more grocery goods, hoping to increase income and improve family living conditions with this loan. Her husband, Mr. Touch Sokea, is a wedding chef who has been hired by villagers to cook for wedding ceremonies, parties, etc. They have three children, two of whom are attending 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. Phalla Choung Village Bank Group
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Loan has been disbursed
Location: Anlong Romeit Choeng Village, Cambodia
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Posted by
from Anlong Romeit Choeng Village, Cambodia
Jan 14, 2009 |
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Comment on this entry
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Repayment Schedule for Mrs. Phalla Choung Village Bank Group
Repayment Schedule for Mrs. Phalla Choung Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
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| March 2009 | $120.83 | $120.83 |  Repayment Received
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| April 2009 | $120.83 | $120.83 | Repayment Received
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| May 2009 | $120.83 | $120.83 | Repayment Received
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| June 2009 | $120.83 | $120.83 | Repayment Received
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| July 2009 | $120.83 | $120.83 | Repayment Received
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| August 2009 | $120.83 | $121.56 | Repayment Received
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| September 2009 | $120.83 | $120.10 | Repayment Received
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| October 2009 | $120.83 | $120.83 | Repayment Received
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| November 2009 | $120.83 | $120.83 | Repayment Received
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| December 2009 | $120.83 | $120.83 | Repayment Received
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| January 2010 | $120.83 | Available Jan 1 | |||
| February 2010 | $120.87 | Available Feb 1 | |||
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