Mrs. Chhunheng Sok Village Bank Group
Status: Paying Back
| $2,625.00 | Loan Amount |
|---|
66% repaid
About the Group
| Group Name: | Mrs. Chhunheng Sok Village Bank Group |
|---|---|
| Group Members: |
Chhunheng Sok Heang Heng Haon Heng Phalla Heng Yeoun Oeur Buntheng Koam Muoy Hong Pang Sorn Prom Channak Puong Kemseang Keo Eng Srun Nhim Sa Run Srin Pov Tueng Phalla Heng Sokun Chheav Srei Lunn Chhoeurn Tueng Chhai Keng Try |
| Location: | Preaek Chan Village, Cambodia |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $2,625.00 |
|---|---|
| Loan Use: | To buy more ingredients to make rice soup to sell |
| Repayment Term: | 15 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Feb 5, 2009 |
| Date Disbursed: | Jan 20, 2009 |
| Date Funded: | Feb 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | AMK (Angkor Microfinance Kampuchea) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 21 months |
| Kiva Entrepreneurs: | 18121 |
| Total Loans: | $3,081,200 |
| Delinquency Rate: | N/A - see note |
| Default Rate: | 0.00% (see note) |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Cambodia |
|---|---|
| Avg Annual Income: | $2,600.00 |
| Currency: | Cambodia Riels (KHR) |
| Exchange Rate: | 4,146.8000 KHR = 1 USD |
Eighteen people living in the Preaek Chan Village in the Kampong Cham Province comprise this village bank loan, and they will use the loan for various purposes. Mrs. Chhunheng Sok, the 53-year-old village bank president, is a rice soup seller. Since her business is going well, she wants to expand it. Thus, she decided to ask for a loan to buy more ingredients to make her delicious rice soup. Her husband, Mr. Sin Seng Hong, is a village chief who doesn't earn enough to support the family. Mrs. Chhunheng Sok has seven children, one of whom is a beautician while another is employed in a garment factory. One is a construction worker while another helps with the family business, and the remaining three attend 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
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. Chhunheng Sok Village Bank Group
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Loan has been disbursed
Location: Preaek Chan Village, Cambodia
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Posted by
from Preaek Chan Village, Cambodia
Feb 16, 2009 |
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Comment on this entry
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Repayment Schedule for Mrs. Chhunheng Sok Village Bank Group
Repayment Schedule for Mrs. Chhunheng Sok Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| May 2009 | $218.75 | $0.00 |  Repayment Received
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| June 2009 | $218.75 | $437.50 | Repayment Received
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| July 2009 | $218.75 | $219.19 | Repayment Received
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| August 2009 | $218.75 | $222.06 | Repayment Received
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| September 2009 | $218.75 | $209.68 | Repayment Received
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| October 2009 | $218.75 | $209.61 | Repayment Received
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| November 2009 | $218.75 | $216.44 | Repayment Received
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| December 2009 | $218.75 | $238.70 | Repayment Received
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| January 2010 | $218.75 | Available Jan 1 | |||
| February 2010 | $218.75 | Available Feb 1 | |||
| March 2010 | $218.75 | Available Mar 1 | |||
| April 2010 | $218.75 | Available Apr 1 | |||
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