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Mrs. Iem Chroeb Village Bank Group
In this Group: Iem, Sao, Ngin, Sor, Meach, Phat, Sor, Kriel, Tum, Toeur, Yun, Aun, Puth, Sorn, Ratha
Fiften people from Spueu village in Takeo province are making up this village bank loan. Mrs. Iem C. is the leader who has been selected by the other members for this loan. The members will use their portion of the loan for different purposes to improve their family living.

Mrs. Iem C. is a farmer who owns a small piece of land to grow rice to sell to support her family. She also sells noodles to earn more income to support her family. Although she tries to work a lot, she earns only a little income. So to improve her family's living, Mrs. Iem C. is seeking a loan to buy a cow for breeding to start a new business. She is a widow with a child who is too young to work or study.

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
  • 286
    View loans »
    Cambodia Loans Fundraising
  • $37,541,925
    Funds lent in using Kiva
  • 4,045.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Iem Chroeb Village Bank Group's $2,225 loan helped a member to buy a cow for breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012