Mrs. Nara Den Village Bank Group


Status: Paying Back

$2,275.00   Loan Amount
83% repaid

About the Group

Group Name: Mrs. Nara Den Village Bank Group
Group Members: Nara Den
Ron Moeng
Srey Toch Lor
Sopheap Chan
Srey Mom Nou
Sophos Yean
Vanny Norng
Leakhena Doen
Sophorn Khorn
Yourb You
Samol Seot
Houy Yean
Sang Chan
Yech Nob
Samnang Morn
Phall Chem
Location: Anlong Romeit Choeng Village, Cambodia
Activity: Grocery Store

About the Loan

Loan Amount: $2,275.00
Loan Use: to purchase more grocery goods for her inventory
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 13, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,161.7000 KHR = 1 USD



This village bank loan is granted to sixteen people located in Anlong Romeit Choeng Village in Kandal Province. Mrs. Nara Den is the village bank president who has been selected by the members. She is a grocer who does not earn enough income to support her household. Since she has a lot of customers who need many varied items, she wants to expand her grocery store. Thus, she decided to ask for a loan to purchase more grocery goods for her inventory. Her husband, Mr. Suos Vanna, is a construction worker. Mrs. Nara Den is 43 years old and the mother of four children, three of whom are attending the local school while the youngest one is too young to work or study.



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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Lenders to this group

Matthew
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Ulla
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Patrick
san diego, CA
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Brad
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Mark & Martha
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Michael
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Brigitta
Park City, UT
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Lou
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Lyn

Rhona
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jacob
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Sibylle
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Jacob Fyda
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Wumpy
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Teague
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David
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patricia
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Tony
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PGI HR Team
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Anonymous
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Katie
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Chris
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Sara
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Nancy
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Mary
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Paul
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Gwyneth&Robert
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Natacha
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Star
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Chris & Dani
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Anonymous

Emily
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Chris & Andy
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Amanda
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Francisco
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Jeremy
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Anonymous

Edward
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Gumball Capital
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JohnB
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Tracey
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Family Kemppainen
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Elizabeth
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Foundation Wereldwijs
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Martin
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Wendy
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Paul
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Anne
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IvesWilliamsFamily
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Anonymous
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Yale
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Cris
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Ursula
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Shirley
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Anonymous
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Journal entries for Mrs. Nara Den Village Bank Group


Loan has been disbursed
 
Entrepreneur: Mrs. Nara Den Village Bank Group
Location: Anlong Romeit Choeng Village, Cambodia

Thank you for your loan. It has been disbursed to the Nara Den group, consisting of Nara Den, Ron Moeng, Srey Toch Lor, Sopheap Chan, Srey Mom Nou, Sophos Yean, Vanny Norng, Leakhena Doen, Sophorn Khorn, Yourb You, Samol Seot, Houy Yean, Sang Chan, Yech Nob, Samnang Morn, Phall Chem 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 Anlong Romeit Choeng Village, Cambodia
Jan 14, 2009
Comment on this entry

Kiva Help Repayment Schedule for Mrs. Nara Den Village Bank Group

  Expected Repayments Actual Repayments Comments
March 2009 $189.60 $189.60 Repayment Received
April 2009 $189.60 $189.60 Repayment Received
May 2009 $189.60 $189.60 Repayment Received
June 2009 $189.60 $189.59 Repayment Received
July 2009 $189.60 $189.60 Repayment Received
August 2009 $189.60 $190.74 Repayment Received
September 2009 $189.60 $188.47 Repayment Received
October 2009 $189.60 $189.60 Repayment Received
November 2009 $189.60 $189.60 Repayment Received
December 2009 $189.60 $189.60 Repayment Received
January 2010 $189.60 Available Jan 1  
February 2010 $189.40 Available Feb 1