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Mrs. Korn Lang Village Bank Group
In this Group: Korn, Saroeun, Yeng, Lath, Yorn, Ley, Sina, Horn, Sang Leng, Chrich
There are ten people who are make up this village bank loan. They live in BoE. Leu village in Kandal province. They will use this loan for different purposes so that it can improve their businesses. Mrs. Korn L. is the village bank president who has been selected by all the members. She is a farmer who owns 0.5-hectare of land to grow vegetables to sell to support her family. In the vegetable field she has some problems because her field has infertile soil and it has a lot of insects. Thus, in order to improve productive vegetables, Mrs. Korn L. has decided to seek a loan to buy fertilizers and pesticides. She is a widow with three children, one of whom is a laborer. The other children are studying 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
  • 226
    View loans »
    Cambodia Loans Fundraising
  • $37,987,500
    Funds lent in using Kiva
  • 4,229.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Korn Lang Village Bank Group's $1,325 loan helped a member to buy fertilizers and pesticides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 9, 2010
May 1, 2010
Currency Exchange Loss:
May 15, 2011