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Mrs. Norm Ouch Village Bank Group
In this Group: Norm, Dany, Chanthou, Soen, Pov, Pach, Yan, Sorn, Srey Mon, Srey Morn, Ken, Ron, Samnang, Kea, Ratt, Sokhem, Sarom, Sao, Roeung
This village bank loan has 19 people who live in Trapeang Dang Tuek village in Takeo province. Mrs. Norm O. is 43 years old and is a village bank president. She was selected by the other members, who will use their portion of the loan in various ways. Mrs. O. is a pig breeder and a cake seller while her husband, Mr. Yav Born, is a farmer who owns a one-hectare plot of land where he cultivates rice to sell to support his family. He is also a farming laborer. Since her business is going well she wants to expand. To improve her pig breeding, Mrs. Norm O. is requesting a loan to buy more piglets and to buy fertilizer. She is a mother of three children, who are studying in 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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $36,208,750
    Funds lent in using Kiva
  • 4,220.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Norm Ouch Village Bank Group's $2,550 loan helped a member to buy more piglets and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011