Sophea Bun Village Bank Group

Typically, Mrs. Sophea Bun cultivates her crops twice a year. Her farming business has encountered numerous difficulties in recent months because the field on which she farms is infertile, not to mention the fact that many insects damage the vegetables she is able to grow. Moreover, just last year, Mrs. Sophea Bun’s vegetables were ruined by floods during that year's rainy season, which was truly a crisis for her family from a financial standpoint. As such, and in order to solve these problems, Mrs. Sophea Bun is requesting a loan to buy more fertilizers and pesticides (to kill insects) for her field.



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