Check out other loans that are currently fundraising!
Mrs. Soeng Rem Village Bank Group
In this Group: Soeng, Chhun, Lin, Chhoem, Min, Houch, Nuy, Nhut, Pich, Chiem
Mrs. Soeng R. is the mother of three children, all of whom are students; they also help their parents in their work. She and her husband, Mr. Pheap Len, are farmers who own a 1.5-hectare plot of land on which they cultivate rice to sell to support their family. Pheap is also a laborer.


Soeng is the president of the village bank in Cheav Bdei Khang Kaeut village in Takeo province. She was selected by ten loan members. Each member will use their portion of the loan for different purposes so as to improve their family's living conditions.


On Soeng’s plantation it is time to grow rice, but she does not have enough rice seed. So to improve production, Mrs. Soeng R. is asking for a loan to buy rice seed.

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
  • 119
    View loans »
    Cambodia Loans Fundraising
  • $35,128,175
    Funds lent in using Kiva
  • 4,045.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Soeng Rem Village Bank Group's $975 loan helped a member to buy rice seed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011