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Mrs. Vanna San Village Bank Group
In this Group: Vanna, Leang Hot, Sophall, Soy, Soen, Sareth, Yeng, Many, Srei, Soty, Sokeang, Chany, Pov, Vanna, Som Ath, Navy, Sok Heng
In Ta Reab DoU. Sar village in Kandal province, there is a village bank loan, which consists of 17 people. Mrs. Vanna S. is the village bank president selected by the members. Each of the members will use a small piece of the loan for different purposes. Mrs. Vanna S. is 46 years old and her position is a vegetable seller at her local market. Now she is a widow with five children. Two of the children are seamstresses in the garment factory, one is a construction worker, one is a fisherman, and one attends the local public school. Since her business is going well, she wants to expand. So to improve this business, Mrs. Vanna S. is applying for a loan to buy more vegetables to sell. The rest of the loan she will use to fix a fishing boat.

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
  • 253
    View loans »
    Cambodia Loans Fundraising
  • $37,533,925
    Funds lent in using Kiva
  • 4,190.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Vanna San Village Bank Group's $3,050 loan helped a member to buy more vegetables to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 1, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 7, 2011