Chhom Mao's Group


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Group

Group Name: Chhom Mao's Group
Group Members: Chhom Mao
Phon Ra
Sar Saret
Location: Battambang, Cambodia
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $450.00
Loan Use: To purchase additional fruits for sale
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 1, 2009
Date Disbursed: Dec 22, 2008
Date Funded:Jan 5, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:United States Dollars (USD)



There are three members that jointed this small loan, and Mrs. Chhom Mao is the group leader. She is 39 years old and earns a living by selling different kinds of fruit in the local market. She started her business more than ten years ago and is currently earning around $4 a day. She has five children, all of whom are single; three are students and two are employed, while her husband is a local chef for wedding parties and ceremonies. Mao plans to expand her business, thus now she decided to apply for a loan to purchase additional fruits to resell.

The other two borrowers are:
Phon Ra is 40 years old and is selling fruits for a profit. She needs a loan to buy more kinds of fruit for sale.
Sar Saret is 29 years old and is selling electronic materials. She requests a loan to purchase piglets to raise.

They all live in Odombang Commune in Battambang Province.



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

Subscribe

Lenders to this group

Rekha
Mumbai, MH
India

Cornelis
Opunake, Taranaki
New Zealand

Sharon
Scottsdale, AZ
United States

Jessica
Dublin, CA
United States

Mike
Kirkland, WA
United States

Dave
Lake Orion, MI
United States

Family
Lexington, KY
United States

Tiffany & Philip
Chicago, IL
United States

Family Law Center
Sacramento, CA
United States

Kine

Norway

Stefan
V,
Sweden

Janet
New York, NY
United States



Top Lending Teams for this group


Sweden
Local Area
461 Members

G Fundacion India
Common Interest
3 Members

Chicago
Local Area
64 Members

Journal entries for Chhom Mao's Group


Loan has been disbursed
 
Entrepreneur: Chhom Mao's Group
Location: Battambang, Cambodia

Thank you for your loan. It has been disbursed to the Chhom Mao group, consisting of Chhom Mao, Phon Ra, Sar Saret by Hattha Kaksekar Limited (HKL), a partner of Save the Children in Cambodia. We are excited to watch this business grow. Over the 8 months of this loan, Hattha Kaksekar Limited (HKL), a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Battambang, Cambodia
Jan 6, 2009
Comment on this entry

Kiva Field Update - Message from Kiva Fellow in Cambodia
 
Entrepreneur: Chhom Mao's Group
Location: Battambang, Cambodia

Thank you for supporting a Kiva entrepreneur in Cambodia. My name is Drew Loizeaux, and I have been serving as a Kiva Fellow with one of Kiva’s partners in Cambodia, Hattha Kaksekar Limited (HKL), for the last three months. Working alongside the fantastic staff here, and meeting many of the clients that your loans have funded, has been a tremendously inspiring experience. Without you, the Kiva lenders, none of this would be possible.

Working at HKL with everyone from management to field staff, I have seen first hand the dedication to fostering these relationships. HKL staff serve their clients with an amazing amount of respect and understanding that, in turn, creates a great level of trust between both parties. The Kiva model flourishes with this trust, because many important details of the lives and businesses of the entrepreneurs that would otherwise be missed are passed on to the lenders.

Before I became a Kiva Fellow, my favorite part of the lending process was receiving updates on the Kiva entrepreneurs who I had lent to. It was like a small window into their lives, and it made me feel like I was able to make the world better in some small but tangible way. As a Kiva Fellow, visiting with clients and finding out about the borrowers’ progress is still my favorite part of working with Kiva.

Many of you have received updates on HKL loans, but I know many others have not. We have been working extremely hard to get as many journals as possible written, but with current staffing and the number of HKL loans on Kiva, we have been focusing on the loans that are ending soon. In the next year, we anticipate that you will receive individual updates on a large majority of your loans. In the meantime, I would like to share the videos and journals for three of my favorite meetings with Kiva Entrepreneurs during my time here. I hope you enjoy them!

Soch Han and her family make bricks from the earth on their property. When I went to visit with them, they were removing the bricks from the oven. This activity made a very interesting video, which you can watch here: http://www.youtube.com/watch?v=ofLQtOnADko&_te=mj. Read the entire journal of our visit on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=46326&_te=mj

Rom Chhoeuy sells fish and traditional fish paste at a local market. When I visited with her, I asked her what her hopes and dreams are for the future. When her kids realized that they were being videotaped, they were very excited about it and spent the whole time waving at me. You can see the video here: http://www.youtube.com/watch?v=kN-DBP1CLls&_te=mj. Read the whole journal on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=53965&_te=mj

Khean Tol has many business endeavors, including farming, raising pigs, making baskets, and making rice wine. When I went to visit her, she was in the middle of making a set of baskets and was kind enough so show me how she makes them. You can watch video of this here: http://www.youtube.com/watch?v=qNDJQrkc7UA&_te=mj. Read the whole journal on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=47715&_te=mj.

On behalf of Kiva and everyone here at HKL, thanks again for your loan and continued support of entrepreneurs in Cambodia.

Sincerely,

Drew Loizeaux,

Kiva Fellow with HKL

Phnom Penh, Cambodia


Posted by JD Bergeron, Kiva Staff, from San Francisco, United States
Jun 11, 2009
Comments (26)

Kiva Help Repayment Schedule for Chhom Mao's Group

  Expected Repayments Actual Repayments Comments
March 2009 $57.00 $57.00 Repayment Received
April 2009 $57.00 $57.00 Repayment Received
May 2009 $57.00 $57.00 Repayment Received
June 2009 $57.00 $57.00 Repayment Received
July 2009 $57.00 $57.00 Repayment Received
August 2009 $57.00 $57.00 Repayment Received
September 2009 $57.00 $57.00 Repayment Received
October 2009 $51.00 $51.00 Repayment Received