Mrs. Sopha Koem Village Bank Group
Status: Paying Back
| $3,275.00 | Loan Amount |
|---|
77% repaid
About the Group
| Group Name: | Mrs. Sopha Koem Village Bank Group |
|---|---|
| Group Members: |
Sopha Koem Rany Yaem Sam Oeurn Meach Tang You Chhin Pean Soth Sokha Veng Sreipich Koem Nary Khen Choir Heng Sarun Cheu Yoeurn Nai Yon Mourn Mon Seak Im Em Eng Em Da Onn Kroem Koem Tongheng Top Bra Horm Pao Yem Meng Sros Torng Meng Srey Torng Sothea Veng |
| Location: | Preaek Pang Village, Cambodia |
| Activity: | Pigs |
About the Loan
| Loan Amount: | $3,275.00 |
|---|---|
| Loan Use: | To buy pig food. |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 1, 2009 |
| Date Disbursed: | Feb 6, 2009 |
| Date Funded: | Apr 19, 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: | 18202 |
| Total Loans: | $3,094,975 |
| 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: | 4,136.5500 KHR = 1 USD |
The village bank loan, which consists of twenty-three people, is located in Preaek Pang village in Kandal province and all the members will use the loan for different purposes. Mrs. Sopha Koem is a village bank president who has been selected by the members. She is a grocer in the local village. Aside from this business, she is a pig breeder. In this business, her pigs are growing bigger and bigger and she does not have enough money to buy pig food to feed them. She decided to ask for a loan to buy food for her purpose. She is a widow with two children who both assist their mother in the business activities. Mr. Bra Horm and Mr. Mon Seak did not attend the loan meeting but their wives did, so they are presented in the picture instead.
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. Sopha Koem Village Bank Group
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Loan has been disbursed
Location: Preaek Pang Village, Cambodia
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Posted by
from Preaek Pang Village, Cambodia
Apr 20, 2009 |
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Comment on this entry
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Repayment Schedule for Mrs. Sopha Koem Village Bank Group
Repayment Schedule for Mrs. Sopha Koem Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| June 2009 | $818.76 | $818.74 |  Repayment Received
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| July 2009 | $272.92 | $272.92 | Repayment Received
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| August 2009 | $272.92 | $357.82 | Repayment Received
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| September 2009 | $272.92 | $260.79 | Repayment Received
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| October 2009 | $272.92 | $260.79 | Repayment Received
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| November 2009 | $272.92 | $260.79 | Repayment Received
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| December 2009 | $272.92 | $297.18 | Repayment Received
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| January 2010 | $272.92 | Available Jan 1 | |||
| February 2010 | $272.92 | Available Feb 1 | |||
| March 2010 | $272.88 | Available Mar 1 | |||
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