Lina Yeun's Group


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Group

Group Name: Lina Yeun's Group
Group Members: Lina Yeun
Mali Phum
Sokim Ti
Lat Pang
Location: Sdao Kanlaeng Village, Cambodia
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $450.00
Loan Use: To buy vegetables to resell.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 1, 2009
Date Disbursed: Jan 19, 2009
Date Funded:Feb 1, 2009
Loan Ended:Jul 29, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,134.7000 KHR = 1 USD



Mrs. Lina Yeun is the leader of a group of four entrepreneurs who live in Sdao Kanlaeng Village in Kandal Province. She sells vegetables in the local market. Since her business is going well, she wants to expand it, so she has decided to ask for a loan to buy vegetables to resell.

Her husband, Mr. Phum Laveng, is employed in a garment factory, and he also can make a little salary to support the family. Mrs. Lina Yeun is 27 years old and the mother of two children. One child is enrolled in the local school. Her other child is just five years old.



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

Howard
Vence,
France

Holli
bellevue, WA
United States

Oshima
TOKYO
Japan

FairSpirit microkrediet
Utrecht, Utrecht
Netherlands

David
Sacramento, CA
United States

Michael
Sleepy Hollow, NY
United States

Rob
West Lafayette, IN
United States

Bjorn
Stockholm,
Sweden

Yury & Marcie
Fairfield, CT
United States

Trish and Doug
Long Beach, CA
United States

Anonymous
Goleta, CA
United States

Kindra
Sunnyvale, CA
United States

Jenny
Cambridge, MA
United States

Chris & Alex
Singapore,
Singapore



Top Lending Teams for this group


Singapore
Local Area
113 Members

Sweden
Local Area
461 Members

USC
Colleges/Universities
145 Members

Netherlands
Local Area
634 Members

Journal entries for Lina Yeun's Group


Loan has been disbursed
 
Entrepreneur: Lina Yeun's Group
Location: Sdao Kanlaeng Village, Cambodia

Thank you for your loan. It has been disbursed to the Lina Yeun group, consisting of Lina Yeun, Mali Phum, Sokim Ti, Lat Pang by AMK in Cambodia. We are excited to watch this business grow. Over the 5 months of this loan, AMK will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Sdao Kanlaeng Village, Cambodia
Feb 2, 2009
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Journal update for Lina Yeun
 
Entrepreneur: Lina Yeun's Group
Location: Sdao Kanlaeng Village, Cambodia

My name is Katie Davis and I am a Kiva Fellow (KF7) volunteering in Phnom Penh, Cambodia for 4 months at Kiva field partner AMK. I recently had the opportunity to visit the Kandal Province of Cambodia.

I recently had the opportunity to visit the Sdao Kanleang Village in Kandal Province to interview Kiva borrowers. I spoke with Mrs. Lina Yeun, who is the Village Bank President of a group of 4 entrepreneurs. Mrs. Yeun’s vegetable re-selling business is going very well. Farmers in her village bring her their vegetables – primarily potatoes and carrots – and she takes them to the local market to resell.

Mrs. Yeun estimates her profits to be around $10 a day, which is above average compared to other women I spoke with in the same village. Mrs. Yeun said that there are other vegetable re-sellers in her community so there is some competition, but as of right now the market supports the supply and demand in Sdao Kanleang.

I asked Mrs. Yeun what her hopes are for her children in the future. She said that she would like her kids to work for a bank like AMK. (I promise this was not a rigged answer - AMK loan officers are well known and respected in the villages they serve so this is high praise indeed!)

Thank you for making a loan through Kiva. To see other AMK loans on the Kiva website click here


Posted by Katie Davis from Sdao Kanlaeng Village, Cambodia
May 17, 2009
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Kiva Help Repayment Schedule for Lina Yeun's Group

  Expected Repayments Actual Repayments Comments
April 2009 $74.59 $74.59 Repayment Received
May 2009 $74.59 $74.59 Repayment Received
June 2009 $74.59 $74.58 Repayment Received
July 2009 $74.59 $74.59 Repayment Received
August 2009 $74.59 $151.65 Repayment Received
September 2009 $77.05 $0.00 Repayment Received