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Mrs. Keo Pech Village Bank Group
In this Group: Keo, Bopha, Lai, Chanthy, Neang, Sokhoen, Shorn, Sarem, Mom, Mach, Uon, Savon, Mom, Soeun, Roth, Sony, Thoeun
The village bank loan consists of seventeen people and they all live in Peam Ta Aek village in Kandal province. Mrs. Keo P. is the village bank president, as selected by the members. She is a weaver and now she wants to expand her business by purchasing more raw materials to make more mats to sell. Her husband, Mr. Keo Thea, is a farmer who owns a plot of land on which he cultivates rice. Mrs. Keo P. is 53 years old and the mother of two children, one of whom is a construction worker while the other is attending the local school. Mrs. Uon C. and Mrs. Mach N. were not available for the photo so their husbands are shown in the picture.

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
  • $35,445,525
    Funds lent in using Kiva
  • 4,155.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Keo Pech Village Bank Group's $2,800 loan helped a member by purchasing more raw materials to make more mats to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2009
Listed
Nov 16, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010