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Mrs. Sim Un Village Bank Group
In this Group: Sim, Vong, Chamreoun, Sokhorn, Srey Da, Bunthy, Borey, So Phors, Sokh, Ma Lis, Leng, Samnang, Samey, Kheoun, Nhunh, Bunna, Yun
Seventeen people make up this village bank loan and they are living in Angk Khlaeu village in Kandal province. Mrs. Sim U. is a village bank president, selected by all the members, who will use their loan for different purposes. She is a farmer who owns a one-hectare piece of land. On this land, she cultivates rice, which she later sels,l to support her family's costs of living. Her problem is that her rice field is on time to do farming but they did not have enough money to support the harvest. So, to improve production, Mrs. Sim U. is asking for a loan to do the farming this current year. Her husband, Mr. Saret Nget, is a construction laborer. She is a mother of a child who is enrolled 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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • 4,175.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sim Un Village Bank Group's $1,925 loan helped a member to do farming.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 29, 2011