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Mrs. Pao Pech Village Bank Group
In this Group: Pao, Shitha, Yan, Sak, Chanthou, Phanna, Sokkeing, Chanthou, Sreynath, Vanna, Nuon, Sokmy, Rithy, Seth, Sito
Fifteen people who all live in Khmot village in Kandal province make up this village bank loan. Mrs. Pao P. is the village bank president as selected by the members. She is a farmer who owns a small piece of land to cultivate rice. Aside from this farming, she is pig breeder. Since this business is going well, she wants to expand it so she is asking for a loan to buy more piglets and pig food. Her husband, Mr. Maen Phal, is working in a commune. This couple does not have any children.

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
  • 264
    View loans »
    Cambodia Loans Fundraising
  • $37,494,750
    Funds lent in using Kiva
  • 4,157.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Pao Pech Village Bank Group's $2,000 loan helped a member to buy more piglets.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010