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Mrs. Mak Sry Village Bank Group
In this Group: Mak, Sroeurn, Nuon, Nuon, Sroeurn, Nuon, Phum, Ngoy, Soa, Mork, Oeun, Run, Soeun, Kem, Soem, Kreoun, Khon, Mich, Sokh, Seng, Kem, Sok
This village bank loan consists of 22 people who have selected Mrs. Mak S. to become the village bank president in Tnaot Nhi village in Kandal province. They will all use their portion of the loan for different purposes to improve their families' living conditions.

Mrs. Mak S. is a farmer who owns a more than 2-hectare plot of land, where she grows crops to sell to support her famiL.. Besides farming, she is a pig-breeder and a knitter too.

In the plantation field, it is time for growing, so she needs some money for support. To improve production, Mrs. Mak S. is seeking a loan to buy taro root for growing, and with the rest of the loan, she is going to buy gasoline.

She is a widow with seV. children, three of whom are employed in garment factories while two are farmers and the others are attending a 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
  • 58
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 4,034.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Mak Sry Village Bank Group's $3,950 loan helped a member to buy taro root.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 1, 2012