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Mrs. Ith Aen Village Bank Group
In this Group: Ith, Pov, Thol, Srey Neang, Sos, Dy, Sareth, Im
Eight people who live in Roleang Kreul village in Takeo province make up a village bank loan. Mrs. Ith A. is the village bank president who was born in 1955. She was selected by the other members who will use their portion of the loan in various ways to support their businesses in the current year. She and her husband, Mr. Nhoem Sok, are farmers who own a half-hectare plot of land to cultivate rice to sell to support their family. She is also a vegetable seller and her husband is a taxi driver. Since her business is going well, she wants to expand. So Mrs. Ith A. is applying for a loan to buy more vegetables to sell. She is a mother of a child who is attending 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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $35,101,350
    Funds lent in using Kiva
  • 4,252.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Ith Aen Village Bank Group's $1,525 loan helped a member to buy more vegetables to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 7, 2011