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Mrs. Moeurn Chen Village Bank Group
In this Group: Moeurn, Srey, On, Eng, Sotom, Touch, Sochan, Ren, Touch, Koeurn, Kroeun, Mao
Mrs. Moeurn C. is the village bank president of a group of twelve people and they all live in Srae Thlok village in Takeo province. The members in this village will each use their loan for a different purpose.

For instance, Mrs. Moeurn C. is a duck breeder and she will use the loan to buy more duck food to support her ducks. She hopes to increase her income and improve her family’s living conditions with this loan.

Mrs. Moeurn C. is the mother of three children who are all attending the local school. Her husband, Mr. Ngaet Eak, is a farmer who owns a plot of land he uses to cultivate rice.

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
  • 60
    View loans »
    Cambodia Loans Fundraising
  • $35,062,725
    Funds lent in using Kiva
  • 4,174.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Moeurn Chen Village Bank Group's $2,225 loan helped a member to buy more duck food for her ducks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010