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Mrs. Vann Savorn Village Bank Group
In this Group: Vann, Nem, Chheng, Lump, Kim, Pharn, Sokha, Phum, Chhorn
Nine people who live in Preak Samraong Village in Kandal Province are members of the Village Bank loan, led by 38-year-old Village Bank President and mother of a school-aged child, Mrs. Vann S.. A pig breeder currently raising seven pigs, Vann does not have enough money to purchase pig food and so is requesting a loan for this purpose. Her husband, Mr. Peng Sarorn, assists in his wife’s business in order to improve their living conditions.

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
  • 60
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 4,075.2
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Vann Savorn Village Bank Group's $1,300 loan helped a member to buy pig food to feed her pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 9, 2008
Listed
Sep 25, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009