Mr. Moa Un Village Bank Group

Twelve people who live in Preaek Pang village in Kandal Province have formed this village bank loan. All the members will use the loans which they obtained for different purposes. Mr. Moa Un is a village bank president who has been selected by the members. He is farmer who has a small piece of land to cultivate rice for a living. On his farm, he now faces a small problem because his field has infertile soil which is affecting the crop. Thus, he decided to ask for a loan to buy fertilizers to support the field. He will use the rest of the loan to buy fuel to support the field to make his crop more productive. His wife, Mrs. Lis Pong, is a recycling collector who buys waste such as empty bottles, cans, plastic and so on to re-sell in a recycling factory. Mr. Moa Un is 35 years old and the father of five children, two of whom are recycling collectors while two others help him in farming and the youngest one is attending the local school. Another loan member, Mr. Khorn Khuth did not come to take a loan but his wife did, so she is presented in the picture instead him.



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

Subscribe