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Phoung's Group
In this Group: Phoung, Phon, Morn, Chhit, Uor, Kung, Toch, Ngan, Yin, Buo, Phom, Khem, Horm
Thirteen people make up this village bank loan. Mrs. Phuong was selected as the village bank president by the other members.

Mrs. Phuong is a farmer who owns a 1-hectare plot of land that she uses to grow rice. She also earns a living by cultivating mushrooms.

Her husband, Mr. Keom, is a construction foreman who is able to earn a small income to support his family. This couple has four children. Three are attending the local school and the youngest one is 3 years old.

Mrs. Phuong wants to improve her family’s condition, so she is requesting a loan to buy 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
  • 198
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 3,998.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Phoung's Group's $2,050 loan helped a member to buy piglets for breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 23, 2011
Listed
May 4, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012