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Mrs. Khmao Phan Village Bank Group
In this Group: Khmoa, Nhim, Nhuorn, Yoeurn, Limheng, Hon, Rong, Ron, Yong, Phonh, Chenda, Phea, Kimthorn, Seoun, Sam Art, Sa Rom, Ky
These seventeen villagers who make up the town bank’s loan group all live in Prek Reang village in Kandal province. Mrs. Khmoa P. was selected by the group members to be the village bank president. She is 33 years old and the mother of four children, three of whom are attending the local school; her youngest is two years old. Her husband, Mr. Roeun Ry, is both a fisherman and a farmer who owns a small piece of land where he cultivates rice.

Khmoa breeds pigs and sells fish in the local market. She is requesting a loan through Angkor Microfinance Kampuchea (AMK)to buy more piglets for breeding and fishnets for 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
  • 99
    View loans »
    Cambodia Loans Fundraising
  • $35,456,775
    Funds lent in using Kiva
  • 4,161.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Khmao Phan Village Bank Group's $2,625 loan helped a member to buy piglets and fishnets.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2009
Listed
Nov 16, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011