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Mrs. Sok Vy Nget Village Bank Group
In this Group: Sok Vy, Sophea, Pov, Moun, Sam Un, Chhoeurn, Nget, Chan, Samoeurn, Kosal
The 10 people of this village bank loan, located in Kou Duol village in Takeo province, selected Mrs. S. Vy N. as a village bank president. Each member will use their loan for different purposes.


Mrs. S. Vy N. is a farmer who owns a plot of land for cultivating rice to support her family’s living. She also breeds pigs at her home. She has a problem because her pigs are too small to sell.


In order to improve her family’s living conditions Mrs. S. Vy N. decided to ask for a loan to buy more pig food. Her husband, Mr. Yoeurn Houm, is a construction worker. Through these activities, the couple supports three children who 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
  • 155
    View loans »
    Cambodia Loans Fundraising
  • $35,792,525
    Funds lent in using Kiva
  • 4,214.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sok Vy Nget Village Bank Group's $1,800 loan helped a member to buy pig food for breeding pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2010
Listed
Apr 2, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011