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Mrs.many Pech Village Bank Group
In this Group: Many, Seun, Samith, Pheng, Ben
Mrs. Many P. is the leader of a five-member loan group. All of the members live in Samraong Village in Takeo Province. Mrs. Many P. owns a grocery store. Since her business is doing well, she wants to expand it by purchasing more groceries to sell, so she can earn more income. Her husband, Mr. Chae Phat, grows rice on a piece of land that he owns. Mrs. Many P. is 37 years old and the mother of five children. Three of her children work a garment factory; the others are enrolled in 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
  • 122
    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.many Pech Village Bank Group's $775 loan helped a member to buy groceries to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 13, 2009
Listed
Nov 16, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010