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Mrs. Rom Mul Village Bank Group
In this Group: Rom, Mak, Uok, Phalla, Each, Thok, Ut, Mon, Sery Nang
This village bank group has nine people who live in Pun Phnum village in Takeo province. Mrs. Rom M. is the village bank president who has been selected by all the members. They will use their loans for different purposes. Mrs. Rom M. is a farmer who owns a plot of land where she cultivates rice to help in supporting her family. She and her husband, Mr. Chhoeurn Moeurn, who is a motorbike taxi driver, have five children, two of whom are seamstresses in a garment factory, and the others are attending the local public school. Though this family works hard, they do not earn enough income. Thus, Mrs.Rom M. has decided to start a new business and is asking for a loan to buy a cow for breeding.

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
  • $36,207,275
    Funds lent in using Kiva
  • 4,257.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Rom Mul Village Bank Group's $1,700 loan helped a member to buy a cow for breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011