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Mr. Lun You Village Bank Group
In this Group: Lun, Pok, Van Thuon, Da, Thech Meng, Chantha, Vanna, Sok Chea, Chanthou, Ros, Chanthy, Lang, Savoun, Sa Aem
This loan is a village bank loan, which consists of 14 borrowers who are located in Rean Thma village in Kandal province. They all will use the loan, but each will use their money for different purposes.

Mr. Lun Y. is the village bank's president who has been selected by the bank's members. His wife, Mrs. Pot Samang, is a Chinese noodle seller. Mr. Lun Y. is the father of a child who is a garment worker.

Mr. Lun Y. is a farmer who owns a small piece of land one which he cultivates rice to make a living. Since his rice farming is far from an irrigation system, he decided to ask for a loan to buy a water pump so he can irrigate his crop.

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
  • 269
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,172.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Lun You Village Bank Group's $2,525 loan helped a member to buy a water pump with which to irrigate a rice field.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2010
Listed
Feb 26, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011