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Mrs. Muong Pil Village Bank Group
In this Group: Muong, Khuon, Khorn, Yon, Savoeun, Keo, Mao, Vanna, Vanny, Sophea, Phan, Sorphea, Ka, La, Rim, Navy, Sareth, Phally, Rum, Savoeun, Rom, Saret
Mrs. Muong P. is a 32-year-old farmer who owns 3 hectares of land to cultivate rice to support her family. She is also a pig breeder and her husband, Mr. Sauben Nuon, is a construction worker. She is the mother of three children, two of whO. are enrolled in the local public school while the other one is too small for school.

With the farm, they have some problems because their rice field has infertile soil and it is time to plow. Thus, in order to improve the production of rice, Mrs. Muong P. decided to seek a loan to buy fertilizers. With the rest of the loan, she would like to hire some farmers to plow the rice field.

Mrs. Muong P. is the village bank president who has been selected by all the members consisting of 22 people located in Phnum Lonteah village in Takeo province. These members will be using the loan for different purpose.

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
  • 330
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 4,182.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Muong Pil Village Bank Group's $3,725 loan helped a member to buy fertilizers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2010
Listed
Mar 8, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011