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Mr. Moeun Chin Village Bank Group
In this Group: Moeun, Nara, Thath, Srey, Toeur, Maly, Bour, Ngouv, Puthea, Neng, Chan Thy, Sokhim, Vun, Oun, San, Sea, Angk
Mr. Moeun C., age 41, is the village bank president, having been selected by its 17 members. They live in Srah Trakuon village in Takeo province. Each member of this village loan will use their portion to support different business purposes.

Mr. Moeun C. and his wife, Mrs. Yeang M., are farmers who own a hectare of land to cultivate rice for a living. To improve the farm, Mr. Moeun C. has decided to ask for a loan in order to buy fertilizer. The rest of the loan will be saved in order to buy a cow for breeding.

Aside from farming, Mr. Moeun C. is also a laborer, which allows him to receive a small salary to support his family living.

This couple has three children who are attending the local 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
  • 114
    View loans »
    Cambodia Loans Fundraising
  • $36,554,325
    Funds lent in using Kiva
  • 4,210.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Moeun Chin Village Bank Group's $2,750 loan helped a member to buy fertilizer and to save for the purchase of a cow for breeding.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 2, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 7, 2011