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Va's Group
In this Group: Va, Soeun, Mak, Thorn, Chhiv, Sou, Phuong, Hul, Chuon, Phin, Soum, Sorm, Kong
Thirteen members make up this village bank loan. Va is the village bank president, selected by the other members.

He was born in 1952 and is married to Khoem, who was born in 1959. They have three children. One is a laborer, and the other two are students who also help their parents on the farm.

Va and his wife are farmers who own a plot of land which they use to grow bananas and potatoes. At this time they do not have enough money to support it. Va would like to ask for a loan to buy fertilizers for cultivating bananas, and the rest of the loan he would use for growing potatoes. Aside from working their own farm, they are also farming laborers where they can earn a small income to help support their family.

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
  • 157
    View loans »
    Cambodia Loans Fundraising
  • $35,792,525
    Funds lent in using Kiva
  • 3,965.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Va's Group's $2,250 loan helped a member to buy fertilizers for cultivating bananas, and for growing potatoes.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2011
Listed
May 4, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012