Mrs. Sokhon Khourn Village Bank Group


Status: Paying Back

$2,450.00   Loan Amount
84% repaid

About the Group

Group Name: Mrs. Sokhon Khourn Village Bank Group
Group Members: Sokhon Khourn
Sou Ang Yin
Sina Soa
Sreineang Chy
Ya Soa
Meng Man
Thou Smen
Leang Ai Chhun
Chanthou Ra
Sopheap Manh
Chhengkith Kim
Koemsaer Saen
Lorn Ly
Sim Suorn
Socheat Luy
Kek Nol
Thy Ven
Location: Knong Preaek Village, Cambodia
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $2,450.00
Loan Use: to buy more vegetables to re-sell
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 1, 2009
Date Disbursed: Dec 24, 2008
Date Funded:Feb 6, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,116.7500 KHR = 1 USD



Seventeen people in Knong Preaek village in Kandal province form this village bank and Mrs. Sokhon Khourn is the village bank president. She buys vegetable to re-sell in the local market. Since her business is going well, she wants to expand it. Thus, she decided to ask for a loan to buy more vegetables to re-sell. She hopes to increase her income and improve the family's living conditions with this loan. Her husband, Mr. Ruos Kuoch, is a healer in the local village. Mrs. Sokhon Khourn is 32 years old and the mother of three children who 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

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Journal entries for Mrs. Sokhon Khourn Village Bank Group


Loan has been disbursed
 
Entrepreneur: Mrs. Sokhon Khourn Village Bank Group
Location: Knong Preaek Village, Cambodia

Thank you for your loan. It has been disbursed to the Sokhon Khourn group, consisting of Sokhon Khourn, Sou Ang Yin, Sina Soa, Sreineang Chy, Ya Soa, Meng Man, Thou Smen, Leang Ai Chhun, Chanthou Ra, Sopheap Manh, Chhengkith Kim, Koemsaer Saen, Lorn Ly, Sim Suorn, Socheat Luy, Kek Nol, Thy Ven 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 Knong Preaek Village, Cambodia
Feb 7, 2009
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Kiva Help Repayment Schedule for Mrs. Sokhon Khourn Village Bank Group

  Expected Repayments Actual Repayments Comments
April 2009 $408.34 $408.37 Repayment Received
May 2009 $204.17 $314.43 Repayment Received
June 2009 $204.17 $191.93 Repayment Received
July 2009 $204.17 $191.93 Repayment Received
August 2009 $204.17 $191.93 Repayment Received
September 2009 $204.17 $191.93 Repayment Received
October 2009 $204.17 $191.93 Repayment Received
November 2009 $204.17 $191.93 Repayment Received
December 2009 $204.17 $191.93 Repayment Received
January 2010 $204.17 Available Jan 1  
February 2010 $204.13 Available Feb 1