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Mrs. Bou Mach Village Bank Group
In this Group: Bou, Sovatt, Mong, Be, Bun, Prum, Phorn, Phat, Prum, Sruoch, Lach, Lorn, Sam Oeurn
Mrs. Bou M. was selected as the leader of a group of thirteen people in Tboung Damrei village in Takeo province seeking a loan. Each group member will use his/her portion of the loan for a different purpose. Mrs. Bou M., 47, sells rice and Khmer cake in a local market, which enables her to earn enough income to support her family. She is also a farmer: she owns a small piece of land on which she cultivates rice, which she sells. Because her rice business is going well, she wants to expand. She is seeking a loan to buy more rice to sell. She is a widow with two children. One is a seamstress in a garment factory, and the other is employed in a casino club.

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
  • $36,207,275
    Funds lent in using Kiva
  • 4,215.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Bou Mach Village Bank Group's $2,150 loan helped a member to buy more rice to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011