Check out some available loans that are similar to this one!
Mrs. Nget Village Bank Group
In this Group: Nget, Sok Ros, Penh, Si Na, Khiemly, San, Noun, Saron, Sophy, Sdeung, Kunthea, Rou, Nam, Khom, Ratana
Fifteen people make up this village bank loan and they will use their portions of the loan for different purposes that can improve their families' standard of living. They have selected Mrs. Nget to be the village bank president. Mrs. Nget is a housewife who cooks delicious food for her family, so she has a lot of free time. In order to improve her family's income, Mrs. Nget would like to ask for a loan to buy some piglets for breeding to start a new business. She plans to use the rest of the loan to add to her savings so her family can buy a motorcycle in the future. Her husband, Mr. Houch, is a recycling salesman who earns some profit to support their family. Through these activities they support five children: two are employed in garment factories, one is a laborer and the other two are students.

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
  • 242
    View loans »
    Cambodia Loans Fundraising
  • $37,076,725
    Funds lent in using Kiva
  • 4,005.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Nget Village Bank Group's $2,650 loan helped a member to buy some piglets for breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012