Mrs. Sam On Village Bank Group

Status: Paid Back

$2,275
Loan Request
Disbursed : Oct 10, 2008
Listed: Sep 26, 2008
Funded: Sep 26, 2008
$2,275
Paid Back
Ended: Nov 15, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600
Currency:Cambodia Riels (KHR)
Exchange Rate:4,075.1500 KHR = 1 USD


In this Group:
Sam Ra, Phal Narorn, Chham Vannary, Ek Samnang, Im Hom, Sok On, Srey Lai, Kong Sam Arn, Moung Sengly, Kong Sam On, Chhum Sam Eng, Chhorn Phorn, Soeng Sara, Song Sokhoeun, Soam Chantha, Sam On

About the Loan

Location: Chouy Dang Village, Cambodia   Repayment Term: 14 months
(more info)
Activity: Grocery Store   Repayment Schedule: Monthly
Loan Use: To buy more grocery goods for her inventory.   Currency Exchange Loss: Covered
      Default Protection: Covered
This Village Bank loan consists of 16 members living in Chouy Dang Village in Kandal Province, led by Village Bank President Mrs. Sam On, who owns a small grocery store in the local village. Since her business is doing well, she wants to expand it and so is requesting a loan to add more grocery goods to her inventory. Her husband, Mr. Hoeng La, is a fisherman who makes a small income through the sale of his catches.

Mrs. Sam On is 38 years old and the mother of three children, two of whom are employed in a garment factory while the youngest is attending 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

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Journal entries for Mrs. Sam On Village Bank Group


Loan has been disbursed
 
Entrepreneur: Mrs. Sam On Village Bank Group
Location: Chouy Dang Village, Cambodia

Thank you for your loan. It has been disbursed to the Mrs. Sam On Village Bank group, consisting of Sam On, Soam Chantha, Song Sokhoeun, Soeng Sara, Chhorn Phorn, Chhum Sam Eng, Kong Sam On, Moung Sengly, Kong Sam Arn, Srey Lai, Sok On, Im Hom, Ek Samnang, Chham Vannary, Phal Narorn, Sam Ra by Angkor Mikroheranhvatho Kampuchea (AMK) in Cambodia. We are excited to watch this business grow. Over the next 12 months, Angkor Mikroheranhvatho Kampuchea (AMK) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Sanjaya Punyasena from Chouy Dang Village, Cambodia
Oct 1, 2008
Comments (1)

Kiva Help Repayment Schedule for Mrs. Sam On Village Bank Group

  Expected Repayments Actual Repayments Comments
January 2009 $189.58 $189.58 Repayment Received
February 2009 $189.58 $189.58 Repayment Received
March 2009 $189.58 $189.58 Repayment Received
April 2009 $189.58 $189.58 Repayment Received
May 2009 $189.58 $189.58 Repayment Received
June 2009 $189.58 $189.58 Repayment Received
July 2009 $189.58 $189.58 Repayment Received
August 2009 $189.58 $189.58 Repayment Received
September 2009 $189.58 $189.58 Repayment Received
October 2009 $189.58 $189.58 Repayment Received
November 2009 $189.58 $189.58 Repayment Received
December 2009 $189.62 $189.62 Repayment Received