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Mrs. Meas Village Bank Group
In this Group: Meas, Un, Chea, Sar, Ung, Muong, Long, Sok, Sok, Touch, Long, Sou, Bin, Phat, Ngon, Pet
This village bank loan consists of sixteen people who have selected Mrs. Meas to be the village bank leader. All will use their portions of the loan to improve their families' standard of living.

Mrs. Meas was born in 1961. She and her husband, Mr. Soa, are farmers who own a two-hectare plot of land where they grow rice. They sell some part of the rice yield and the other part they keep to support their family. She is the mother of seven children: Three are seamstresses in garment factories, one is employed in a private company, another is a student, and the others are farmers.

Now she has a problem because her house does not have a television. So to improve this condition, Mrs. Meas is seeking a loan to buy a television and a battery for using it.

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
  • 330
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 4,025.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Meas Village Bank Group's $2,575 loan helped a member to buy a television and battery for using.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2011
Listed
Mar 4, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012