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Mrs. Nary Pine Village Bank Group
In this Group: Nary, Yan, Neang, Pov, Phoeurn, Sok, Sarin, Heang, Sam Ol, Ath, Phoeun, Samith, Noeurn, Eim, Ang, Soy, Eang, Samun
This village bank loan which consists of eighteen members is located in Prey Mien village in Takeo province. All the members plan to use their loan proceeds for different purpose. Mrs. Nary P. is a village bank president who has been selected by the other members. She is a farmer who owns one hectare of land to grow rice to support her family's livelihood and her husband is a palm juice collector. They earn very little income; yet, they try to work hard despite their situation. Thus, in order to improve her family's living conditions, Mrs. Nary P. decide to apply for a loan to buy some piglets and pig food for breeding to start a new business. The couple supports three children, two of whom are enrolled in local public school, while the youngest one is four years old.

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
  • 192
    View loans »
    Cambodia Loans Fundraising
  • $37,019,450
    Funds lent in using Kiva
  • 4,189.4
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Nary Pine Village Bank Group's $2,500 loan helped a member to buy some piglets and pig food for breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2010
Listed
Apr 7, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011