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Mr. Srey Nuon Village Bank Group
In this Group: Srey, Sari, Khimlen, Samneng, Ney, Soem, Chanthorn, Thoeurn, Horn, Srei Mom, Son, Sokhom, Sopha, Ny, Kim Nhor, Sambou, Chreach, Bol, Saren, Uy
This loan group consists of 20 people. Mrs. Srey N. is the group leader in this village, Srae Boeng in Takeo province. She is a farmer who owns a plot of land to cultivate rice and is asking for a loan to buy fertilizer and rice seed. Her husband, Mr. Bunthoeun Chhoeng, is a soldier who does not earn enough to support the family that consists of two children, one a student in the local school, and the other a five-year old.

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
  • 181
    View loans »
    Cambodia Loans Fundraising
  • $37,004,050
    Funds lent in using Kiva
  • 4,158.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Srey Nuon Village Bank Group's $2,800 loan helped a member to buy fertilizer and rice seed for growing crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 25, 2010
Listed
Mar 9, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011