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Mrs. Rai Korb Village Bank Group
In this Group: Rai, Sarou, Samoeurn, Yorng, Sitha, Ren, Mall, Lem, Nhoem, Touch, Pom
Mrs. Rai K. has been selected village bank president by the 11 members of Village Bank Loan. All the members live in Krang Ta C. village in Takeo province and they all will use the loan for different purposes.


Mrs. Rai K. is 33 years old and the mother of four children who attend the local school. She is a pig breeder. Her husband, Mr. S. Sarath, is a farmer who owns a piece of land to cultivate rice.


Aside from this plantation, he is a construction worker. In this work, he has a problem because his work place is far from their house.


Thus, Mrs. Rai K. decided to ask for a loan to add to her savings to buy a motorbike for her husband to drive to work.

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
  • 124
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 4,150.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Rai Korb Village Bank Group's $1,525 loan helped a member to add to her savings to buy a motorbike for her husband to drive to work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 12, 2009
Listed
Nov 16, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010