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Mrs. Muong Sam Oeurn Village Bank Group
In this Group: Muong, Kep, Lao, Sou, Ouch, Aol, San, Am, Ouch
Mrs. Muong S. O. is the village bank president who has been selected by the nine members of this loA. group who will each use their portion of the loA. for different purposes. All the members who make up this village bank loA. are located in Prey Khla village, Takeo province.

Mrs. Muong S. O. is a farmer who owns a small piece of land to grow both rice and bananas on to sell to support her family while her husband is a laborer who earns a small salary to support his family, too. In the rice field, it is time to grow rice but she has little money for this purpose. To improve production, Mrs. Muong S. O. is asking for a loA. to do farming. She will use any remainder of the loA. to buy a bicycle for her children to ride to school. She is a mother of five children all of whom are studying at the local public 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
  • 233
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 4,050.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Muong Sam Oeurn Village Bank Group's $1,650 loan helped a member to do farming.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2010
Listed
Dec 8, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012