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Mrs. Meas Sim Village Bank Group
In this Group: Meas, Sophanna, Kheim, Sam On, Nget, Kung, Im, Phalla, Savoeun, Sokly, Seng, Met, Koeurn, Vuochcheng, Yun, Savoeun, Pin
Mrs. M. S. is the village bank president for a group loan offered by Kiva partner AMK located in Boeng Leach village in Takeo province and consisting of 17 people. With the loans, the members plan to purchase equipment, supplies and other items to support a variety of purposes.

Mrs. M. S. is a farmer and her husband, Mr. Vuthy Chhorn, is a construction worker and receives a small salary to support his family.
Mrs. M. S. is requesting a loan of 800,000 Riels frO. AMK to buy fruit (mangos, tangerines, etc.) for resale. With her new business, she hopes to increase her income and improve the family lifestyle. Mrs. M. S. is 38 years-old and a mother of four children who are all students in the local 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
  • 125
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 4,191.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Meas Sim Village Bank Group's $2,400 loan helped a member to buy fruit for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Mar 10, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011