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Mrs. Neang Un Village Bank Group
In this Group: Neang, Sophy, Phoeurn, Phorn, Kay, Sophy, Sophy, Yorn, Srey Moa, Shitha, Sron, Sokhorn, Chatha, Sarom, Srey Pao, Sor, Lat, Sunheng, Chansokha, Pov
This loA. group, whose members live in Srae Ampil village in Kandal province, is made up of 20 people. Mrs. Neang U., who has been chosen as president of the group by its members, is a 53-year-old farmer who rents a two-hectare plot of land on which she grows crops to support her family. She is a widow who has six children, one of whom is a driver who earns a small salary. Another makes a living selling fish, a third is a beauticiA., and the others attend the local public school. To improve the output of her farm, Mrs. Neang U. will use her portion of this loA. to plant a good crop.

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
  • 87
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 4,180.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Neang Un Village Bank Group's $3,275 loan helped a member to plant crops.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011