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Mrs. Nhoem Khema Village Bank Group
In this Group: Nhoem, Mam, Sim, Pring, Eang, Eang, Pa, Pa, Try, Tol, Sorn, Chan Thou, Touch, Sophal, Choeurn
Mrs. Nhoem K. is a weaver who earns some money to support her famiL., while her husband, Mr. Mala Soun, is a farmer. He owns a small piece of land and grows rice to support the famiL.. She is the mother of three children: one is a weaver and the others are still in school. Since her business is going well, Mrs. Nhoem K. wants to expand. She is applying for a loan to buy more silk for weaving.

This village bank is made up of 15 people from Chumrov village, Takeo province. Mrs. Nhoem K. is the village bank president, selected by the other members. Each member will use their portion of the loan in various ways to improve their famiL.'s standard of living.

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
  • 181
    View loans »
    Cambodia Loans Fundraising
  • $37,004,050
    Funds lent in using Kiva
  • 4,040.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Nhoem Khema Village Bank Group's $2,575 loan helped a member to buy more silk for weaving.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 1, 2012