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Mr. Vorn Suong Village Bank Group
In this Group: Vorn, Meng, Soriya, Yoeun, Rorng, Sam Ang, Y, Mom, Vanny, Ya, Eak
The village bank loan which consists of eleven people is located in Treapeang Phlu village in Takeo province. Mr. Vorn S. is a village bank president who has been selected by the members and all the members will use the loan which they obtained in different purposes. Mr. Vorn S. is a farmer who owns 3-hectar field to cultivate rice to earn for livI.. Aside from this, she is a pig breeder in the local village. Since this business is goI. well, she wants to expand it so she decided to ask for a loan to buy more piglets for breedI.. His wife, Mrs. Ponh Phallly, helps him on the rice farmI.. Mr. Vorn S. is 38 years old and the father of three children two of whom are attendI. the local school while the youngest one is too young to work or stuD. because that child is on the age of a year.

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
  • 264
    View loans »
    Cambodia Loans Fundraising
  • $37,524,925
    Funds lent in using Kiva
  • 4,151.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Vorn Suong Village Bank Group's $850 loan helped a member to ask for a loan to buy more piglets for breeding.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 17, 2009
Listed
Nov 1, 2009
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010