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Mrs. Mao Nhoem Village Bank Group
In this Group: Mao, Chenda, Pha, Saroeurng, Sophat, Sophal, Toeun, Kong, Sokhim, Phi, Toeurn, Nhoem, Koeurn, Savoeurn, Ouk, Tol, Nuon, Sa Em, Cham Reun, Phai, Phal
The village bank loan group consists of 21 people who live in Dak Por village in Takeo province. Mrs. Mao N., a 37 year old mother of four, is the elected village bank president. She is a silk weaver and a farmer who owns a small piece of land to cultivate rice. Her husband, Mr. Chhoy Pov, is a driver. One of her children is a silk weaver; two attend the local school; and one stays at home to do housework.

Mrs. Mao N. is requesting a loan to buy a cow for breeding. She hopes to increase income and improve her family living conditions. Mr. Pha K. did not come to take a loan but his wife is, so she is presented in the picture instead him.

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
  • 116
    View loans »
    Cambodia Loans Fundraising
  • $36,587,375
    Funds lent in using Kiva
  • 4,145.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Mao Nhoem Village Bank Group's $2,975 loan helped a member to buy a cow for breeding.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2009
Listed
Jan 19, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011