Check out some available loans that are similar to this one!
Mrs. Lang Chuong Village Bank Group
In this Group: Lang, Chanry, Sokim, Chanrun, Nai, Phanna, Koemly, Phan, Sengleang, Sreymom
This village bank loan consists of 10 people who are villagers in Peam Sala village in the Kandal province. Mrs. Lang C. is the village bank president who has been selected by all the members, who will use the loan for different purposes.

She and her husband own a general store in the local village to earn some money to support their family. Since their business is going well, they want to expand it, but they do not have enough money. Thus, Mrs. Lang C. decided to ask for a loan to buy more groceries to resell. Through this activity, they support six children, three of whom are seamstresses in a garment factory, while the others are attending 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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $36,211,875
    Funds lent in using Kiva
  • 4,229.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Lang Chuong Village Bank Group's $1,600 loan helped a member to buy more groceries to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011