Check out some available loans that are similar to this one!
Mrs. Shivan Monh Village Bank Group
In this Group: Shivan, Pom, Mon, Chreb, Samuth, Neang, Sreylay, Thy, Sinoeurn, Chan, Samarth, Chanthy, Srey, Kunthoeun, Yoeun, Sanith, Thoeun, Vann, Kim Eng, Kunthea
This village bank loan consists of twenty people who live in Popeal Khaer village in Kandal province. All of the group members will use the loan for different purposes in order to improve their businesses in the future. Mrs. Shivan M. is the village bank president, as selected by all the members. She was born in 1957. She and her husband, Mr. Seng Pham, own a general store located in their home. Since their business is going well they want to expand it. Mrs. Shivan M. is asking for a loan to buy more groceries for the store's inventory in order to increase their income this year. The couple supports two children, one of whom earns a low salary as a car driver, while the other is a seamstress in a garment factory.

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
  • 115
    View loans »
    Cambodia Loans Fundraising
  • $36,211,875
    Funds lent in using Kiva
  • 4,180.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Shivan Monh Village Bank Group's $3,500 loan helped a member to buy more groceries for inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 7, 2011