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Mrs. La Si Village Bank Group
In this Group: La, Nov, Soth, Khom, Kim, Thy, Phorn, Pok, Sarorn, Yoeurn, La, Sorth
The village bank, which consists of twelve members, is located in Kampong Trea village in Kandal province. They plan to use the loan which they obtained in different purposes. Mrs. La S. is the village bank president who has been selected by the members. She is 29 years old and the mother of two children, one of whom is enrolled in the local school and the youngest is too young to work or study. She is a hard working woman who has been hired by the villagers to work on the field. Her husband, Mr. Chork Cheng, is a fisherman. With his fishing, he can earn a little income to support his family living. In order to improve the living, Mrs. La S. decided to ask for a loan to buy more fishnets to improve her husband's fishing.

Additional Information

About AMK

Angkor Microfinance Kampuchea (AMK) is a leading microfinance institution in Cambodia with a wide reach of operations. AMK works with over 6,000 villages and serves clients in every Cambodian province. With an average loan size of US$115, AMK’s focus is to provide credit and savings products to the very poor in rural areas. For more information, please visit AMK's website.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Cambodia

  • $2,600
    Average annual income
  • 113
    View loans »
    Cambodia Loans Fundraising
  • $35,436,925
    Funds lent in using Kiva
  • 4,170.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. La Si Village Bank Group's $1,775 loan helped a member to ask for a loan to buy more fishnets for her husband's fishing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2009
Listed
Aug 6, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010