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Mrs. Ma Leap Village Bank Group
In this Group: Ma Leap, Chanly, Vanny, Sophal, Lorn, Phan, Kan, Khun, Sopha, Sophoeun, Sophy, Leang, Chroen
Mrs. Ma Leap is the village bank president who has been selected by the thirteen members of this village bank loan. They will use their portion of the loan in various ways to improve their family's standard of living.

Mrs. Ma Leap was born in 1981. She is a knitter and a tailor who can earn some income to support her family while her husband, Mr. Sokuntha, is a construction worker and a farmer who owns a plot of land where he can grow rice to feed his family. Presently, Mrs. Ma Leap needs some money because she wants to buy a cow to raise to start a new business. So Mrs. Ma Leap would like to request a loan to add to her savings to buy a cow.

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
  • 306
    View loans »
    Cambodia Loans Fundraising
  • $37,569,750
    Funds lent in using Kiva
  • 4,025.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Ma Leap Village Bank Group's $1,175 loan helped a member to buy a cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 23, 2011
Listed
Mar 4, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012