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Von Bu Group
In this Group: Von, Dalin, Heang, Leang
Mr. Von B. is the group leader of four in Ka Art village in Kampong Chhnang Province. She is a teacher in state school. Her husband, Mrs. Sokunthea Hem, is employed in a garment factory.



Together, they try to generate money to support the family but the family is still living in poor condition. Even the house is too old so Mr. Von B. now wants to build a new house. Unfortunately, he has insufficient money to build it. Thus, Mr. Von B. decided to ask for a loan to add with his profit to build it to replace an old one.

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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $36,207,275
    Funds lent in using Kiva
  • 3,931.4
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Von Bu Group's $625 loan helped a member to build a new house to replace an old one.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 5, 2008
Listed
Jun 12, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009