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Mr. Uo Rorn Village Bank Group
In this Group: Uo, Keam, Suon, Uon, Ya, Hong, Chann, Pol, Chev, Tep, Chao, Pao, Ek, Chanthou, Sokha, Im, Lei, Phal
Mr. Uo R. has been selected the village bank president by the eighteen people who are all borrowing a village bank loan. They will all use their portion of the loan in various ways to improve their family's living condition in Prey Chheu Teal village, Takeo Province.

He is a farmer who owns a plot of land to grow rice which he sells to support his family, while his wife, Mrs. Kea Bou, weaves silk cloth to sell to support her family too. Since his wife’s business is going well, he wants to expand it. To increase the daily income, Mr. Uo R. is requesting a loan to buy more silk.

Through this activity, the couple supports two kids who are all are too young to work or study in 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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • 4,045.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Uo Rorn Village Bank Group's $2,575 loan helped a member to buy more silk.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2010
Listed
Dec 2, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 30, 2011