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Mrs. Prum Keav Village Bank Group
In this Group: Prum, Mey, Eang, Din, Prum, Prum, Hem, Mey, Neang, Mey, Prak, Sdaeung, Prum, Liv
Mrs. Prum K., who is 51 years old, was selected by the fourteen members of this village bank loan to be their president. They are located in Kaev Chamraeun village in Takeo province. Each of them will use their portion of the loan for a different purpose.

Mrs. Prum K. is a silk weaver who can earn some money to help support her family. During the wedding season her business goes well, so she wants to expand, but she doesn't have enough money to support the improvements. So for this purpose, she is applying for a loan to buy more silk for weaving.

Her husband, Mr. Hoeun Kam, is a village chief and he is also a farmer who owns a piece of land to cultivate rice to sell to support his family. Through this activity, they support five children, two of whom are weavers while the others are studying in the local 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
  • 108
    View loans »
    Cambodia Loans Fundraising
  • $35,872,725
    Funds lent in using Kiva
  • 4,060.2
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Prum Keav Village Bank Group's $2,775 loan helped a member to buy more silk.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 30, 2011