This loan has been FULLY FUNDED by 26 lenders!

Dok Sam Ol's Group
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In this Group: Dok Sam Ol, Meak Sothea, Kim Yan
About the Loan
Location: Battambang, Cambodia   Repayment Term: 8 months
(more info)
Activity: Grocery Store   Repayment Schedule: Monthly
Loan Use: Buy additional groceries for sale   Currency Exchange Loss: N/A
      Default Protection: Covered

This is a group loan for three borrowers. They all live in Ratanak Commune in Battambang Province.



The leader, Mrs. Dok Sam Ol is 37, married, and has five children. Four of her children are students, and one son is an English Teacher. Her husband, Keo Van Own, 44, is in the Cambodia Military and receives a salary of $35 a month. Mrs. Dok Sam Ol owns and runs a small store where she sells various kinds of groceries, like cooking ingredients and cakes for kids that live in her village. Sam Ol is requesting a loan to purchase additional groceries for sale in hopes of expanding her business.



The two other borrowers are Mrs. Meak Sothea, 26, and Mrs. Kim Yan, 57, who is a widow. Mrs. Meak Sothea makes a living selling grilled bananas. She is requesting a loan to pay for house repairs. Mrs. Kim Yan sells fish in the market. To earn extra income, Yan is requesting a loan to purchase soft drinks to resell.



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 the Country
Country:
Avg Annual Income:$2,600
Currency:United States Dollars (USD)

Nate & Amber
Salt Lake City, UT
United States

Wonga.com
London, London
United Kingdom

Dave
Manchester, Greater Manchester
United Kingdom

Barbara
Madison, WI
Dominican Republic

Richard
Pocatello, Idaho
United States

Jon
Otis Orchards, WA
United States

Paul
New York, NY
United States

Anonymous

Inspera
Oslo, Oslo
Norway

neddotcom
worldwide, OR
United States

Anonymous
Brussels
Belgium

Brad
Woodside, NY
United States

Jennie
Beaverton, OR
United States

Caren
Hood River, OR
United States

Kurt
Dallas, TX
United States

Little Lenders
North Carolina
United States

Deborah
London, London
United Kingdom

Craig
Jacksonville, FL
United States

lisa
langley, British Columbia
Canada

Kerry & Isaac
San Francisco, CA
United States

Kimberly
Ulaanbaatar
Mongolia

Deborah
Andover, MA
United States

Erica
San Casciano di Cascina, Pisa
Italy

Frank
Antwerpen, An
Belgium

joel
Oklahoma City, OK
United States
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Status: Paid Back

$700
Loan Request
Pre-Disbursed : Dec 12, 2008
Listed: Dec 18, 2008
Funded: Dec 24, 2008
$700
Paid Back
Ended: Jul 15, 2009
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Journal entries for Dok Sam Ol's Group


Subject: Updating
Location: Battambang, Cambodia

They would like to say thank HKL and Kiva lenders for providing them with extra money to maintain the basic of their current enterprise and their living standard. They have been successfully completed with their installments and they hope to access the new loan in the future.


Posted by Sokkong Ngoun from Battambang, Cambodia
Mar 31, 2010
Comment on this entry
Subject: Kiva Field Update - Message from Kiva Fellow in Cambodia
Location: Battambang, Cambodia

Thank you for supporting a Kiva entrepreneur in Cambodia. My name is Drew Loizeaux, and I have been serving as a Kiva Fellow with one of Kiva’s partners in Cambodia, Hattha Kaksekar Limited (HKL), for the last three months. Working alongside the fantastic staff here, and meeting many of the clients that your loans have funded, has been a tremendously inspiring experience. Without you, the Kiva lenders, none of this would be possible.

Working at HKL with everyone from management to field staff, I have seen first hand the dedication to fostering these relationships. HKL staff serve their clients with an amazing amount of respect and understanding that, in turn, creates a great level of trust between both parties. The Kiva model flourishes with this trust, because many important details of the lives and businesses of the entrepreneurs that would otherwise be missed are passed on to the lenders.

Before I became a Kiva Fellow, my favorite part of the lending process was receiving updates on the Kiva entrepreneurs who I had lent to. It was like a small window into their lives, and it made me feel like I was able to make the world better in some small but tangible way. As a Kiva Fellow, visiting with clients and finding out about the borrowers’ progress is still my favorite part of working with Kiva.

Many of you have received updates on HKL loans, but I know many others have not. We have been working extremely hard to get as many journals as possible written, but with current staffing and the number of HKL loans on Kiva, we have been focusing on the loans that are ending soon. In the next year, we anticipate that you will receive individual updates on a large majority of your loans. In the meantime, I would like to share the videos and journals for three of my favorite meetings with Kiva Entrepreneurs during my time here. I hope you enjoy them!

Soch Han and her family make bricks from the earth on their property. When I went to visit with them, they were removing the bricks from the oven. This activity made a very interesting video, which you can watch here: http://www.youtube.com/watch?v=ofLQtOnADko&_te=mj. Read the entire journal of our visit on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=46326&_te=mj

Rom Chhoeuy sells fish and traditional fish paste at a local market. When I visited with her, I asked her what her hopes and dreams are for the future. When her kids realized that they were being videotaped, they were very excited about it and spent the whole time waving at me. You can see the video here: http://www.youtube.com/watch?v=kN-DBP1CLls&_te=mj. Read the whole journal on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=53965&_te=mj

Khean Tol has many business endeavors, including farming, raising pigs, making baskets, and making rice wine. When I went to visit her, she was in the middle of making a set of baskets and was kind enough so show me how she makes them. You can watch video of this here: http://www.youtube.com/watch?v=qNDJQrkc7UA&_te=mj. Read the whole journal on her business profile page here: http://www.kiva.org/app.php?page=businesses&action=about&id=47715&_te=mj.

On behalf of Kiva and everyone here at HKL, thanks again for your loan and continued support of entrepreneurs in Cambodia.

Sincerely,

Drew Loizeaux,

Kiva Fellow with HKL

Phnom Penh, Cambodia


Posted by JD Bergeron, Kiva Staff, from San Francisco, United States
Jun 11, 2009
Comments (29)
Subject: Loan has been disbursed
Location: Battambang, Cambodia

Thank you for your loan. It has been disbursed to the Dok Sam Ol group, consisting of Dok Sam Ol, Meak Sothea, Kim Yan by Hattha Kaksekar Limited (HKL), a partner of Save the Children in Cambodia. We are excited to watch this business grow. Over the 6 months of this loan, Hattha Kaksekar Limited (HKL), a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Battambang, Cambodia
Dec 25, 2008
Comment on this entry
Kiva HelpKiva Repayment Schedule for Dok Sam Ol's Group
  Expected Repayments Actual Repayments Comments
March 2009 $118.00 $118.00 Repayment Received
April 2009 $118.00 $118.00 Repayment Received
May 2009 $118.00 $118.00 Repayment Received
June 2009 $118.00 $118.00 Repayment Received
July 2009 $118.00 $118.00 Repayment Received
August 2009 $110.00 $110.00 Repayment Received