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Mrs. Pheon Phan's Village Bank Group
In this Group: Pheon, Soer, Soun, Bon, Tom, Tom, Sam, Hour, But, Doen, Mon, Doen, Pheon, Chheang, Yong, Ya, Ket, Von, Chum, Khem, Ouk, Ti
Mrs. P. P. is the president of the village bank in Anhchanh Village in Kandal Province. This village bank has 22 members who are requesting a loan. Mrs. P. P. is a cow breeder who has four cows and a farmer who cultivates rice on her 1.5-hectares field. Her plantation is not very fertile, so Mrs. P. P. decided to ask for a loan to buy fertilizer for her field in order to make her crop more productive. Mrs. P. P. is a 58-year-old widow with five children, four of whom are employed in a garment factory while the youngest one is attending the local school.

Two members in this village bank have end-of-term (EoT) loans and the rest have monthly payment loans. The end-of-term loan members are not required to pay any principal on the loan until the very end of the loan term. End-of-term loans are AMK's main product because they are the most beneficial loans for Cambodia's poor. EoT loans allow people to repay portions of the principal whenever they are financially able to. Most clients start to make payments many months before the end of the loan term. Almost all of AMK's clients make their payments on time. AMK has a delinquency rate of only 0.09 percent and AMK has a default rate of 0 percent on Kiva.

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
  • 268
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,137.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Pheon Phan's Village Bank Group's $2,925 loan helped a member to buy fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 17, 2008
Oct 1, 2008
Currency Exchange Loss:
Nov 15, 2009