Check out some available loans that are similar to this one!
Mrs. Pha Village Bank Group
In this Group: Pha, Bunry, Samaiy, Davy, Many, That, Touch, Nein, Touch, Phalla, Sreypov, Srey Na, Mom, Sak, Chanty
This village bank loan consists of fifteen people who will each use their portion of the loan for different purposes to improve their families' standard of living. Mrs. Pha is the village bank president who has been selected by the other members. She was born in 1959. She owns a general store in the local village where she can sell groceries to earn some income to support her family. She is a widow with a child who is a seamstress in a garment factory.

Since her grocery business is getting on well, she wants to expand it. So Mrs. Pha is finding for a loan to bU. more groceries. With the rest of the loan she is going to bU. some piglets for breeding to start a new business.

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
  • 97
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • 3,965.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Pha Village Bank Group's $3,000 loan helped a member to buy more groceries for resale.
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