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Mrs. Surn Oum Village Bank Group
In this Group: Surn, Sokly, Layheak, Laypin, Ley, Re, Thy, Touch, Srey Aun, Thou, Yat, Som, Thun, Thoun, Sim, So Kunthea, Srey Mao
This village bank loan is made up of 17 people who live I. Kab Leav village I. Kandal province. They will all use their loans for different purposes. Mrs. Surn O. is the village bank president selected by all the members.

Mrs. Surn O. is a farmer who owns a very small piece of land to cultivate rice to sell to support her family. She also makes thatch to sell, too. Her obstacle is that her field has infertile soil. So to improve rice production, Mrs. Surn O. is applying for a loan to buy fertilizer, and will use the rest of the loan to plow her rice field. She is a widow with three children, all of whom are enrolled I. 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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 4,228.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Surn Oum Village Bank Group's $1,900 loan helped a member to buy fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011