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Vin's Group
In this Group: Vin, Pos, Phoeun, Pov
In Kor village, in Takeo province, consists four people who make up a group loan. Vin V. is the group leader, selected by the others members. Each will use their share of the loan to improve their businesses.

Vin is a farmer who owns a plot of land to cultivate and sell rice, to support her family. Her husband is a blacksmith who earns a small salary. So to improve her family's living conditions, Vin is requesting a loan to buy piglets and pig food for breeding, to start a new business. She and her husband support three children; one is enrolled in local public school and the others are too young to work or study.

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
  • $35,122,200
    Funds lent in using Kiva
  • 4,180.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Vin's Group's $675 loan helped a member buy piglets and pig food for breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011