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Mrs. Yoeng Leab Village Bank Group
In this Group: Yoeng, Ouen, Yem, Nhanh, Ky, Channy, Channy, Leong, Bory, Sophea, Yom
This village bank loan has 11 people who live in Boeng Kraom village in Kandal province. Mrs. Yoeng L. is the village bank president. She has been selected by all the members. They will use a loan to do something that can improve their living conditions. She and her husband, Mr. Saroeurn Mai, are farmers who own more than two hectares of land to grow rice and vegetable to sell in the market to support their family. They have a problem because their field is far from an irrigation system. Thus, in order to improve rice and vegetable production, Mrs. Yoeng L. decided to ask for a loan to buy gasoline for doing farming. She is a mother of three children. All her children are studying in 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
  • 126
    View loans »
    Cambodia Loans Fundraising
  • $36,179,850
    Funds lent in using Kiva
  • 4,190.4
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Yoeng Leab Village Bank Group's $1,550 loan helped a member to buy gasoline for doing farming.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2010
Listed
Mar 23, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011