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Mrs. Prak Da Village Bank Group
In this Group: Prak, Sam, Khoem, Hau, Prum, Song, Luch, Leab, Sum, Kong, Tol, Ket, Chhum, Sun, Hut, Gnuon, Sath, Soeun, Sum
Nineteen people in Preaek Svay village in Kandal province are forming this village bank loan. They will each use their portion of the loan for different purposes to improve their family's living. Mrs. Prak D. is the village bank president who has been selected by the other members.

She and her husband, Mr. Socheat T., are farmers who rent a 1.5-hectare plot of land to grow rice to sell to support their family. He is also a farm laborer and fisherman.

Now is the time to grow rice, but she does not have enough money to farm. To improve crop production, Mrs. Prak D. is seeking a loan to do farming this dry season. She is a mother of two children who are still too small 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
  • 54
    View loans »
    Cambodia Loans Fundraising
  • $38,691,025
    Funds lent in using Kiva
  • 4,034.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Prak Da Village Bank Group's $3,775 loan helped a member to do farming.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Dec 22, 2010
Jan 1, 2011
Currency Exchange Loss:
Jan 4, 2012