Sinat Mi's Group

Status: Paid Back

$500
Loan Request
Pre-Disbursed : Dec 15, 2008
Listed: Jan 1, 2009
Funded: Jan 4, 2009
$500
Paid Back
Ended: Jan 15, 2010

About the Country

Country:Cambodia
Avg Annual Income:$2,600
Currency:Cambodia Riels (KHR)
Exchange Rate:4,161.7000 KHR = 1 USD


In this Group:
Sinat Mi, Chan Tha Ou, Saren Van, Chan Nert Tung

About the Loan

Location: Phum Ty Buon Village, Cambodia   Repayment Term: 14 months
(more info)
Activity: Clothing Sales   Repayment Schedule: Monthly
Loan Use: Buy more fashionable clothes for her customers   Currency Exchange Loss: Covered
      Default Protection: Not Covered

Mrs. Sinat Mi is a group leader of four members, who all live in Phum Ty Buon village in Kampong Chhnang province. Mrs. Sinat Mi is 28 years old and the mother of a child who is four years old, too young to work or study. Her husband, Mr. Koy Pearom, is a vet in the local village.



Mrs. Sinat Mi sells clothes in the local village. Since her business is doing well, she wants to expand it. She decided to ask for a loan to purchase more fashionable clothing to sell to her customers.





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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Lenders to this group

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Journal entries for Sinat Mi's Group


Loan has been disbursed
 
Entrepreneur: Sinat Mi's Group
Location: Phum Ty Buon Village, Cambodia

Thank you for your loan. It has been disbursed to the Sinat Mi group, consisting of Sinat Mi, Chan Tha Ou, Saren Van, Chan Nert Tung by AMK in Cambodia. We are excited to watch this business grow. Over the 11 months of this loan, AMK will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Phum Ty Buon Village, Cambodia
Jan 5, 2009
Comment on this entry

Kiva Help Repayment Schedule for Sinat Mi's Group

  Expected Repayments Actual Repayments Comments
March 2009 $41.70 $41.70 Repayment Received
April 2009 $41.70 $41.80 Repayment Received
May 2009 $41.70 $41.70 Repayment Received
June 2009 $41.70 $41.70 Repayment Received
July 2009 $41.70 $42.00 Repayment Received
August 2009 $41.70 $41.80 Repayment Received
September 2009 $41.70 $41.20 Repayment Received
October 2009 $41.70 $41.70 Repayment Received
November 2009 $41.70 $41.70 Repayment Received
December 2009 $41.70 $41.70 Repayment Received
January 2010 $41.70 $41.70 Repayment Received
February 2010 $41.30 $41.30 Repayment Received