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Mrs. Vantha Mak Village Bank Group
In this Group: Vantha, Chhork, Pheap, Kim Lay, Pich, Khim, Sokhoeurn, Chek, Sarorn, Khurn, Bourin
The Vantha M. Village Bank group is made up of eleven people from Smaong Village in Takeo Province. Each person will use their share of this loan for different purposes.

Mrs. Vantha M. is the bank president, selected by the members. She is also a rice soup seller and a pig breeder. Her husband, Mr. Ly Keo, is a farmer and taxi driver. The couple has two children, one of whom attends the local school, and another who is too young to work or study.

Vantha is applying for a loan to buy pig food and piglets for breeding. She hopes to increase her income and improve her family’s living with this loan.

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
  • 108
    View loans »
    Cambodia Loans Fundraising
  • $36,192,875
    Funds lent in using Kiva
  • 4,150.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Vantha Mak Village Bank Group's $2,000 loan helped a member to buy pig food and piglets for breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2009
Listed
Oct 1, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010