Check out some available loans that are similar to this one!
Mrs. Neang Mak Village Bank Group
In this Group: Neang, Tach, Srorn, Thea, Yon, Ell, Soklim, Phall, Phan, Savy
Mrs. Neang M. Village Bank Group is made up of 10 members, who live in Heang Kong village in Kandal province. Together, they are seeking a village bank loan. They will each use the loan for different purposes.


Mrs. Neang M. has been selected as the village bank president by its members. She and her husband, Mr. Ping S., are farmers. They own a plot of land where they cultivate rice to support their family. Although they work hard, they are only able to produce a little rice, because the soil is infertile and their field far from the irrigation system. Therefore, Mrs. Neang M. is seeking a loan to buy fertilizer and fuel for farming.


Mrs. Neang M. is the mother of six children. One of her children is a mirror cutter; two are seamstresses in a garment factory, while the others attend the local public 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
  • 180
    View loans »
    Cambodia Loans Fundraising
  • $35,963,325
    Funds lent in using Kiva
  • 4,127.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Neang Mak Village Bank Group's $1,500 loan helped a member to buy fertilizer and fuel.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2010
Listed
Mar 16, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 29, 2011