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Leng's Group
In this Group: Leng, Moeun, Toch, Vat, Pork, Sim, Sim, Tim, Sim
Nine people are forming a village bank loan. They are located in Anlong Ta Sek Leu village in Kandal province. The other members selected Mrs. Leng P., a 31-year-old married woman, as the village bank president.

Mrs. Leng P. and her husband, Mr. Dul SoK., have two children. One is attending a local school and the younger is 3 years old.

They are farmers who own a three-hectare plot of land that they use to cultivate rice, peanuts and vegetables for selling to support the family.

With this farming, they still earn less income than they need to improve their lives. So, Mrs. Leng P. would like to ask for a loan to buy piglets for breeding and pig food. With her new business, she hopes to increase her income to improve her family’s condition.

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
  • 154
    View loans »
    Cambodia Loans Fundraising
  • $35,792,525
    Funds lent in using Kiva
  • 4,040.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Leng's Group's $1,200 loan helped a member to buy piglets and pig food.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2011
Listed
Feb 3, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 1, 2012