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Mrs. Kaem Ing Village Bank Group
In this Group: Kaem, Say, Yoeurn, Kosal, Say, Phoan, Neang, Pov, Sorng, Leab, On, Yonn, Sophi, Tol, Im, Koy, Lurn, Touch, Koeun
NineteE. people who live in Hang Heng village in Takeo province made up the village bank loan and they will use the loan in different purposes. Mrs. Kaem I. is a village bank president who has beE. selected by the members. She is a farmer who owns 1-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. and she would use the rest of the loan to buy pig food to feed them. Her husband, Mr. Kung Meoun, is an ice cream seller who can make a small income to support the family. Mrs. Kaem I. is 36 years old and the mother of three childrE. two of whom are employed in a garment factory while the youngest one is attendI. the local school.

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
  • 66
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 4,155.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Kaem Ing Village Bank Group's $2,950 loan helped a member to ask for a loan to buy more piglets for breeding and she would use the rest of the loan to buy pig food to feed them.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2009
Listed
Nov 1, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010