Check out some available loans that are similar to this one!
Teng's Group
In this Group: Teng, Yeng, Teng, Yeng, Teng, Phe, Toeun, Sem, Teng, Bun
Ten people make up this village bank loan. They are located in Chong Preaek village in Kandal province. This village bank group selected Mr. Teng L., a 26-year-old married man, as the village bank president. Each member of this village bank loan will use their portion of the loan to support their different purposes.

Mr. Teng L. and his wife, Mrs. Khvei Vanna, are working as employees in a garment factory. With their occupations, they still don't earn enough income to improve the family's living conditions, so they want to conduct a new business: pig breeding. Mr. Teng L. would like to ask for a loan to buy piglets for breeding and pig feed. This couple has one child who is just six months old.

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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 4,210.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Teng's Group's $900 loan helped a member to buy piglets for breeding and pig feed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 21, 2010
Listed
Nov 5, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 1, 2011