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Mrs. On Duch Village Bank Group
In this Group: On, Loth, Chen, Sim, Chean, Sokheng, Phai, Savy, Nem, Phalla, Yim, Buntheoun, Sokheoun, Leab
Mrs. On D. leads a loan group made up of 14 people who hope to use their funds in maN. different ways. All of the members live in Preaek Khmaer village in Kandal province. Mrs. On D. is a farmer who owns a plot of land. Her husband, Mr. Thy Chum, is a fisherman who makes a small income. Although they tried to save some money to plant a crop this year, they were unable to do so. That is why Mrs. On D. has decided to apply for a loan to buy seeds, fertilizer, pesticides and fuel. This couple has four children, all of whom attend the local public 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
  • 104
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • 4,155.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. On Duch Village Bank Group's $2,600 loan helped a member to buy seeds, fertilizer, pesticide and fuel.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2009
Listed
Jan 13, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011