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Mrs. Seng Um Village Bank Group
In this Group: Seng, Neang, Khen, Khun Nary, Sokunth, Chean, Chan, Phall, Sok Chea, Kean Horn, Samnang, Sokhom, Phuong, Vanny, Chaem, Mon, Hau, Sokong, Sreytouch, Sokhun, Malin
Twenty-one people have selected Mrs. Seng U. as village bank president. They live in Chonloat Dai village, TaK. province, and they will use their portion of the loan for different purposes.

Mrs. Seng U., who was born in 1969, is a farmer who owns a plot of land where she grows rice to support her family. She is also a silk tier for weaving, while her husband, Mr. Seng Hort B., is a rock breaker and a construction worker. Now she wants to breed pigs, but she does not have enough money. To solve this problem, Mrs. Seng U. is seeking a loan to buy some piglets and pig feed to start a new business. She is the mother of four children: one is a driver while the others are enrolled in 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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • 4,265.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Seng Um Village Bank Group's $3,750 loan helped a member to buy some piglets and pig feed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011