Mrs. Makara Shum Village Bank Group


Status: Paid Back

$1,175.00   Loan Request
$1,175.00   Paid Back

About the Group

Group Name: Mrs. Makara Shum Village Bank Group
Group Members: Makara Shum
Sokheng Mao
Vorn Oeur
Kalayan Phouk
Sok Meng Nou
Khom Thou
Sokun Phem
Chinda Un
Location: Ta Reab Doun Sar Village, Cambodia
Activity: Farming

About the Loan

Loan Amount: $1,175.00
Loan Use: To buy lotus seed and rent a pond to grow lotus.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 1, 2009
Date Disbursed: Jan 6, 2009
Date Funded:Feb 7, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,105.3000 KHR = 1 USD



Eight people living in Ta Reab Doun Sar village in Kandal province comprise this village bank loan group. Mrs. Makara Shum, the 31- year-old village bank president, is a farmer who cultivates vegetables. She now faces a problem because she does not have enough money to rent a pond in which to grow lotus. Thus, she decided to ask for a loan for this purpose and for buying lotus seed. Her husband, Mr. Un Vuth, is a fisherman. Mrs. Makara Shum is 31 years old and the mother of three children, two of whom attend the local school while the other is too young to work or study. The other members of the group will use their portions of the loan for other purposes.



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

Jean-Michel
LES GETS,
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Anonymous
Trofa, Porto
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Anonymous

Dcengr
Santa Barbara, CA
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Hannah & Maya
Sudbury, MA
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ken
billings, MT
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KhmerMBA
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elizabeth
Montreal West, Quebec
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William
Loveland, CO
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Marnie
Grand Marais, MN
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Robyn
RUNCORN, Queensland
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Wonga.com
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Steinar
OSLO,
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Anonymous
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KIVA Shopping Club #1
KivaFriends.org, Birmingham, AL
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James
melbourne, Victoria
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Kaz
Blairsville, GA
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Anonymous

Tony
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Jan

Anonymous

Benjamin
Brooklyn, New York
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James
Evanston, IL
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Ellie & Rachael
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Justin
Crowborough, East Sussex
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Barbara
Roswell, GA
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Ruth
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Jonathan & Martine
Las Vegas, NV
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Roger
Forestville, CA
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Hope
Valley Center, CA
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Carol
Poquoson, VA
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Tom
Granger, IN
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Anonymous
Eugene, OR
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Jon
Port Angeles, WA
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nancy
lombard, IL
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Journal entries for Mrs. Makara Shum Village Bank Group


Loan has been disbursed
 
Entrepreneur: Mrs. Makara Shum Village Bank Group
Location: Ta Reab Doun Sar Village, Cambodia

Thank you for your loan. It has been disbursed to the Makara Shum group, consisting of Makara Shum, Sokheng Mao, Vorn Oeur, Kalayan Phouk, Sok Meng Nou, Khom Thou, Sokun Phem, Chinda Un by AMK in Cambodia. We are excited to watch this business grow. Over the 9 months of this loan, AMK will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ta Reab Doun Sar Village, Cambodia
Feb 8, 2009
Comment on this entry

Kiva Help Repayment Schedule for Mrs. Makara Shum Village Bank Group

  Expected Repayments Actual Repayments Comments
April 2009 $130.56 $117.50 Repayment Received
May 2009 $130.56 $117.50 Repayment Received
June 2009 $130.56 $117.49 Repayment Received
July 2009 $130.56 $117.50 Repayment Received
August 2009 $130.56 $117.50 Repayment Received
September 2009 $130.56 $117.50 Repayment Received
October 2009 $130.56 $117.50 Repayment Received
November 2009 $130.56 $117.50 Repayment Received
December 2009 $130.52 $235.01 Repayment Received