Mrs. Srey Touch Sath Village Bank Group


Status: Paying Back

$2,600.00   Loan Amount
67% repaid

About the Group

Group Name: Mrs. Srey Touch Sath Village Bank Group
Group Members: Srey Toch Mrs. Sath
Sokh Heang Mrs. Saom
Oeung Mrs. Yem
Sokh Khai Mrs. Uy
Toem Mrs. Pha
Srey Mrs. Nai
Saroem Mrs. Tak
Piseth Mr. Chea
Sokh Run Mrs. Chan
Sokh Lim Mr. Choub
Seng Kim Mrs. Choub
Troeb Mrs. Toem
Sokh Rong Mrs. Nam
Srey Mao Mrs. Nam
Sakorn Mrs. Chok
Saraim Mrs. Leam
Teng Pha
Kunthea Sam
La Kein
Location: Preaek Doung Village, Cambodia
Activity: Food Production/Sales

About the Loan

Loan Amount: $2,600.00
Loan Use: Purchase of pork for sale
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 1, 2009
Date Disbursed: Feb 5, 2009
Date Funded:Apr 19, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,130.9000 KHR = 1 USD



Nineteen people living in Preaek Doung village in Kandal province comprise this village bank loan, and they will use the loan for various purposes. Mrs. Srey Touch Sath, 40, is the president of the village bank. She is married and has four children, three of whom are enrolled in the local school, while the youngest one is still too young to work or study. Mrs. Srey Touch Sath's husband, Mr. Prum Saravuth, is a motorbike taxi driver. Mrs. Srey Touch Sath herself earns income selling pork, and, since her business is doing well, she now wants to expand it. Thus, Mrs. Srey Touch Sath has decided to take out a loan to be able to buy more pork for sale and thereby earn more profits.



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

sameer
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Kyquan
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Thomas
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Lynne
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Jon
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Catherine
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Laurent D
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Jackie
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Masashi
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Dale
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Kim
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marshall
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Gregory
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Bruce Chou
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Lars Erik
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Susanne
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John F.
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carl
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carl
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Jean
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EXHALE
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roland
chaponost,
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Karine
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Tomas K
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maria
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Yvonne
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Peter
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scott
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Journal entries for Mrs. Srey Touch Sath Village Bank Group


Loan has been disbursed
 
Entrepreneur: Mrs. Srey Touch Sath Village Bank Group
Location: Preaek Doung Village, Cambodia

Thank you for your loan. It has been disbursed to Mrs. Srey Touch Sath Village Bank Group, consisting of Srey Toch Mrs. Sath, Sokh Heang Mrs. Saom, Oeung Mrs. Yem, Sokh Khai Mrs. Uy, Toem Mrs. Pha, Srey Mrs. Nai, Saroem Mrs. Tak, Piseth Mr. Chea, Sokh Run Mrs. Chan, Sokh Lim Mr. Choub, Seng Kim Mrs. Choub, Troeb Mrs. Toem, Sokh Rong Mrs. Nam, Srey Mao Mrs. Nam, Sakorn Mrs. Chok, Saraim Mrs. Leam, Teng Pha, Kunthea Sam, La Kein by AMK in Cambodia. We are excited to watch this business grow. Over the 11 months of this loan, AMK will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Preaek Doung Village, Cambodia
Apr 20, 2009
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Kiva Help Repayment Schedule for Mrs. Srey Touch Sath Village Bank Group

  Expected Repayments Actual Repayments Comments
June 2009 $433.40 $435.82 Repayment Received
July 2009 $216.70 $243.67 Repayment Received
August 2009 $216.70 $428.83 Repayment Received
September 2009 $216.70 $0.00 Repayment Received
October 2009 $216.70 $214.27 Repayment Received
November 2009 $216.70 $214.27 Repayment Received
December 2009 $216.70 $216.65 Repayment Received
January 2010 $216.70 Available Jan 1  
February 2010 $216.70 Available Feb 1  
March 2010 $216.70 Available Mar 1  
April 2010 $216.30 Available Apr 1