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Mr. San Va Village Bank Group
In this Group: San, Yorn, Chamreourn, Sophal, Oun, Pao, Vanna, Savoen, Sat, Thol, Makara, Sophy, Vanny, Sok, Sophin
Mr. San V. is the village bank president who has been selected by all the members. The members will use the loan for different purposes. This village bank loan is for 15 people who live in Ruessel Srok village in the Kandal province.

Mr. San V. and his wife, Mrs. Korng Chhoem, are farmers who own a plot of land and grow and sell vegetables and fruits to support their family. In the vegetable and fruit field, they have a problem because their field has interfile soil. Accordingly, Mr. San V. decided to ask for a loan to buy fertilizer for growing banana trees. He is a father of four children, two of whom are construction workers, while the others are enrolled in a 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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $35,122,200
    Funds lent in using Kiva
  • 4,163.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. San Va Village Bank Group's $2,650 loan helped a member to buy fertilizer for growing banana trees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2010
Listed
Mar 22, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011