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Mrs. Oem Oeur Village Bank Group
In this Group: Oem, Tith, Tith, Try, Tith, Pres, Kry, Oem, Nan, Koeun
In the village of Doung Khpos in Takeo province, twelve people have made up a village bank loan. With a portion of the loan, each member will improve each family's standard of living. Mrs. Oem O. is the village bank president who has been selected by the other members. She is a pig breeder who can earn some profit to support her family while her husband, Mr. Chanthy P., is a cow middleman who can also earn some money to support his family. Since her husband’s business is going well, she wants to expand. So Mrs. Oem O. is applying for a loan to add to her savings to buy a cow for resale. Mrs. Seynoeun Soem and Mrs. Tit Norn are group guarantors, so they are also shown in the picture.

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
  • 185
    View loans »
    Cambodia Loans Fundraising
  • $35,963,325
    Funds lent in using Kiva
  • 4,035.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Oem Oeur Village Bank Group's $1,400 loan helped a member to buy a cow for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012