Check out some available loans that are similar to this one!
Mrs. Ouk Vorn Village Bank Group
In this Group: Ouk, Sokunth, Phan, Hoeun, Souy, Satith, Thorn, Phy
A village bank loan consists of eight people who all live in Kandal village in Takeo province. The members will use the loan for different purposes. Mrs. Ouk V. is a village bank president who has been selected by the members of the village bank loan. She is a farmer who owns a small piece of land to cultivate rice to earn for a living. Her husband, Mr. Keo Bin Tha, is a construction worker who makes a small income to support their living conditions. Since Mrs. Ouk V. and her family live in an old house, Mrs. Ouk V. decided to ask for a loan to add to her savings to build a new house. She will use the rest of the loan to buy wire fencing to protect the livestock from stray animals. Mrs. Ouk V. is a mother of two children who are both too young to work or study.

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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $36,587,375
    Funds lent in using Kiva
  • 4,150.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Ouk Vorn Village Bank Group's $1,450 loan helped a member to ask for a loan to build a new house and to protect the livestock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2010
Listed
Feb 24, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011