Check out some available loans that are similar to this one!
Mrs. Seng Ung Village Bank Group
In this Group: Seng, Malis, Chanthy, Sokha, Socheat, Savorn, Savin, Chamroeun, Sokhon, Rom, Raotha, Nim, Sokung, Sok Eng, Sokhorn
In Champa village, Takeo province, these fifteen people make up this village bank loan group. Mrs. Seng U., who is 55 years old, is the village bank president, having been selected by the other members. The members will use their portion of the loan in varied ways to support their businesses.

Mrs. Seng U. is a farmer who owns a half-hectare (1.25-acre) plot of land that she uses to cultivate rice to sell to support her family. She has a problE. because her field has infertile soil, but she does not have enough money to support it. So, to improve her rice production, she is asking for a loan to buy fertilizer.

Mrs. Seng U. is a widow with four children, two of whom are seamstresses in a garment factory, while another one is a construction worker, and the other one is 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
  • 96
    View loans »
    Cambodia Loans Fundraising
  • $36,158,550
    Funds lent in using Kiva
  • 4,260.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Seng Ung Village Bank Group's $1,375 loan helped a member to buy fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011