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Mrs. Yeng Hun Village Bank Group
In this Group: Yeng, Hienh, Huoy, Him, Sopheap, Koem Yon, Chhorn, Len, Srey Neang, Koem Suo, Na, Ny, Yean
This village bank loan is made up of thirteen people who live in Chrouy village in Takeo province. All the members have selected Mrs. Yeng H. is the village bank president. She is 33 years old. They will each use their portion of the loan for different purposes which can improve their businesses.

Mrs. Yeng H. owns a general store in the local village while her husband, Mr. Roeun San, is a farmer who owns a more than one-hectare plot of land to cultivate rice on to sell to support his family. He is also a laborer.

Mrs. Yeng H.'s obstacle is that her husband’s field has a lot of insects, but she does not have enough money to help him. So to improve rice production, Mrs. Yeng H. is seeking a loan to buy pesticide and rice seed. With any remainder of the loan, she will hire a plow to plow her field. She is the mother of a child who is 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
  • 104
    View loans »
    Cambodia Loans Fundraising
  • $35,872,725
    Funds lent in using Kiva
  • 4,198.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Yeng Hun Village Bank Group's $1,775 loan helped a member to buy pesticide and rice seed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011