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Noem's Group
In this Group: Noem, Kheng, Phin, Seang, Vo, Set, Sao, Chhun, Sen, Duy, Seng, Sry, Moeun, Sros, Phin, Phin, Phin, Noem, Chhit
This village bank loan consists of 19 members. Mr. NO. was born in 1953. He was selected to be the village bank president by the other members. Each member of this village will use their money to support their different purposes.

Mr. NO. and his wife are farmers who own a plot of land which they use to grow rice. They also have 2 children who are also farmers. Besides farming, they also earn a living by selling Khmer natural medicine and as a fisherman. Even with these jobs, they still don't earn enough income to support the family. Thus, in order to improve the family's condition, Mr. NO. would like to ask for a loan to buy pig food and piglets for breeding.

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
  • 262
    View loans »
    Cambodia Loans Fundraising
  • $37,524,925
    Funds lent in using Kiva
  • 4,022.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Noem's Group's $3,525 loan helped a member to buy pig food and 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