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Mrs. Oeurng Pov Village Bank Group
In this Group: Oeurng, Kung, Oeurn, Pann, Srey, Sum, Loem, Chea, Sokha, Chou, Kien, Sarun, Yean
This village bank loan consists of thirteen people who live in Krang Chamraeun village, Takeo province. All the members have selected Mrs. Oeurng P. to become the village bank president. They will use their portion of the loan for different purposes which can improve their family's living conditions.

Mrs. Oeurng P., a widow with a child who is five years old, is a farmer who owns a small piece of land to grow rice to sell to support her family and she also weaves silk. Since her weaving is going well, she wants to expand. Mrs. Oeurng P. is asking for a loan to buy more silk.

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
  • 99
    View loans »
    Cambodia Loans Fundraising
  • $35,481,325
    Funds lent in using Kiva
  • 4,050.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Oeurng Pov Village Bank Group's $2,175 loan helped a member to buy more silk to weave.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012