Kiva Loan Number 25

Mrs. Sokha Mul Village Bank Group from Cambodia has a loan funded through Kiva

Location: Srae Pou Village, Cambodia   Repayment Term: 14 months (more info)

Activity: Farm Supplies

Repayment Schedule: Monthly Loan Use: To buy fertilizer and gasoline.

Currency Exchange Loss: Possible       Default Protection: Not Covered

Fifteen people selected Mrs. Sokha Mul as the village bank president of their group, located in Srae Pou village in Takeo province. The group members will each use a small piece of the loan for different purposes. Mrs. Sokha Mul is 41 years old. She is a farmer who owns a one point four-hectare plot of land where she can grow rice to sell to support her family.

Now she has some problems, because her field is infertile and it is far away from an irrigation system. So to improve production, Mrs. Sokha Mul is applying for a loan to buy fertilizer and gasoline. Her husband, Mr. Vy Horm, is a mechanic at his home. She is a mother of four children, one of whom is a motorbike taxi driver, while the others are attending the local public school. Mrs. Sarat Soung is a group member, so she is presented in the picture.

(click to continue reading Kiva – Mrs. Sokha Mul Village Bank Group from Cambodia has a loan funded through Kiva.)

Country: Cambodia Avg Annual Income: $2,600 Currency: Cambodia Riels (KHR) Exchange Rate: 4,250.0000 KHR = 1 USD

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