Mrs. Men Meach Village Bank Group
Status: Paying Back
| $2,125.00 | Loan Amount |
|---|
About the Group
| Group Name: | Mrs. Men Meach Village Bank Group |
|---|---|
| Group Members: |
Men Meach Art Troars Lay Chin Kunthea Toe Sinourn Yorn Phy Keam Sokly Vath Lay Seang Tom Yim Yan Morm Sim Chhung Sokchea Soy Sor Chim Choem Shum Srey Pho Chroeb Sok |
| Location: | Peam Sala Village, Cambodia |
| Activity: | Fish Selling |
About the Loan
| Loan Amount: | $2,125.00 |
|---|---|
| Loan Use: | To purchase more fish to resell. |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 1, 2009 |
| Date Disbursed: | Mar 3, 2009 |
| Date Funded: | Apr 19, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | AMK (Angkor Microfinance Kampuchea) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 21 months |
| Kiva Entrepreneurs: | 18052 |
| Total Loans: | $3,071,150 |
| 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: | 4,108.1500 KHR = 1 USD |
Mrs. Men Meach is 64 years old and the mother of two children, both of whom are employed in a garment factory. She owns a 1-hectare field where she cultivates rice for a living. Aside from farming, she sells fish. Her husband, Mr. Savoeurn Bork, helps her in both business activities. Her fish business is going well and she would like to expand it. She is asking for a loan to purchase more fish to resell. She hopes that through this loan, she will be able to increase her income and improve her living conditions.
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. Men Meach Village Bank Group
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Loan has been disbursed
Location: Peam Sala Village, Cambodia
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Posted by
from Peam Sala Village, Cambodia
Apr 20, 2009 |
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Comment on this entry
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Repayment Schedule for Mrs. Men Meach Village Bank Group
Repayment Schedule for Mrs. Men Meach Village Bank Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| June 2009 | $354.26 | $354.26 |  Repayment Received
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| July 2009 | $177.13 | $177.13 | Repayment Received
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| August 2009 | $177.13 | $177.13 | Repayment Received
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| September 2009 | $177.13 | $171.17 | Repayment Received
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| October 2009 | $177.13 | $178.63 | Repayment Received
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| November 2009 | $177.13 | $147.43 | Repayment Received
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| December 2009 | $177.13 | $234.46 | Repayment Received
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| January 2010 | $177.13 | Available Jan 1 | |||
| February 2010 | $177.13 | Available Feb 1 | |||
| March 2010 | $177.13 | Available Mar 1 | |||
| April 2010 | $176.57 | Available Apr 1 | |||
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