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Mrs. Kimly San Village Bank Group
In this Group: Kimly, Mom, Sophal, Mom, Phalla, Roeun, Sokhom, Mom, Touch, Phon, Mao, Ann, Sokha, Sdeung, Soda, Kim Arng, Koy
This village bank is comprised of seventeen people, living in Krang Ta Mung village in Takeo province. Mrs. Kimly S. is a village bank president, selected by all the members. Each member will use their portion of the loan for different purposes in order improve the living conditions their families. Her problem is that it is time to farm their rice field. So, to improve production rice, Mrs. Kimly S. is asking for a loan to buy fertilizer, to hire farming laborers to plow the rice field, and rest of the loan she wants to start a new business breeding piglets. Her husband, Mr. Kork Horn, is a construction worker. They have three children, one of whom is a seamstress in a garment factory, one is helping to do farming, and the other is studying in 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
  • 306
    View loans »
    Cambodia Loans Fundraising
  • $37,565,125
    Funds lent in using Kiva
  • 4,228.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Kimly San Village Bank Group's $2,400 loan helped a member to buy fertilizer, to hire farming laborers to plow rice field.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011