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Mrs. Mao Soem Village Bank Group
In this Group: Mao, Niv, Puch, It, Oeurn, Sorphea, Yoeun, Sokly, Rath, Chenda
This village bank loan is made up of ten people who live in Ta Sou village in Takeo province. All of the members will use their portion of the loan for different purposes to improve their family's lives.

Mrs. Mao S., 55, is the village bank president and has been selected by the other members. She is a farmer who owns a small piece of land to grow both rice and vegetable to sell to support her family. Although she tries to work a lot, she earns little money. So to improve her family's lives, Mrs. Mao Some is seeking for a loan to add more money in purchasing a cow for breeding to start a new business. She is a widow with two children, one of whom is a laborer and the other is a farmer.

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
  • 187
    View loans »
    Cambodia Loans Fundraising
  • $36,987,750
    Funds lent in using Kiva
  • 4,060.2
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Mao Soem Village Bank Group's $1,225 loan helped a member to add more money to buy a cow.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 1, 2011