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Ngoeun's Group
In this Group: Ngoeun, Sokha, La, Men, Nim, Pov
This group loan consists of six people based in Angkor village, Takeo province. Mrs. Ngoeun S. is a group leader who has been selected by the other members. They will each use their portion of the loan in various ways to support their families. She was born in 1983. She and her husband, Mr. Ngoem You, are farmers who own a 1.5-hectare plot of land where they grow rice to sell to support their family. He is also a construction worker. In the dry season, it is time for growing rice, so she needs some money to support this. To improve rice production, Mrs. Ngoeun S. is requesting a loan to support her farm. She is the mother of three children who are studying at the 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
  • 98
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • 4,020.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Ngoeun's Group's $600 loan helped a member to support her farming activities.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 11, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 30, 2011