Mrs. Phen Yoeng Village Bank Group
Status: Paying Back
| $2,575.00 | Loan Amount |
|---|
68% repaid
About the Group
| Group Name: | Mrs. Phen Yoeng Village Bank Group |
|---|---|
| Group Members: |
Phen Yoeng Thoeng Mrs. Phun Thy Mrs. Man Sophal Mrs. Mom Nhoung Mrs. Vai Srey Pheach Mrs. Houn Srey Phat Mrs. Re Shina Mrs. Loem Phae Mrs. Yoeng Rath Mrs. Eang Pheang Mrs. Yoeng Yorn Sat Rom Chouk Prak Heng Pheap Sok Srey Pao Yoeng Channa Neang Savoen Yorng |
| Location: | Preaek Doung Village, Cambodia |
| Activity: | Fruits & Vegetables |
About the Loan
| Loan Amount: | $2,575.00 |
|---|---|
| Loan Use: | Purchasing more vegetables to re-sell |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 1, 2009 |
| Date Disbursed: | Feb 16, 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: | 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: | 4,105.8500 KHR = 1 USD |
Eighteen people living in Preaek Doung village in Kandal province comprise this village bank, and they will use the loan for various purposes. Mrs. Phen Yoeng is the 46-year-old village bank president. She is a farmer who owns a small piece of land where she cultivates rice. Aside from this plantation, she is a vegetable seller in the local market. Since her business is doing well, she wants to expand it by purchasing more vegetables to re-sell to earn more income to support her family. Mrs. Phen Yoeng is a widow with two children, one of whom is attending the local school while the other is too young to work or study.
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. Phen Yoeng Village Bank Group
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Loan has been disbursed
Location: Preaek Doung Village, Cambodia
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Posted by
from Preaek Doung Village, Cambodia
Apr 20, 2009 |
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Comment on this entry
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Repayment Schedule for Mrs. Phen Yoeng Village Bank Group
Repayment Schedule for Mrs. Phen Yoeng Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| June 2009 | $429.22 | $429.21 |  Repayment Received
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| July 2009 | $214.61 | $214.61 | Repayment Received
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| August 2009 | $214.61 | $429.22 | Repayment Received
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| September 2009 | $214.61 | $0.00 | Repayment Received
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| October 2009 | $214.61 | $214.62 | Repayment Received
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| November 2009 | $214.61 | $226.87 | Repayment Received
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| December 2009 | $214.61 | $251.39 | Repayment Received
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| January 2010 | $214.61 | Available Jan 1 | |||
| February 2010 | $214.61 | Available Feb 1 | |||
| March 2010 | $214.61 | Available Mar 1 | |||
| April 2010 | $214.29 | Available Apr 1 | |||
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