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Mrs. Seng Eang Village Bank Group
In this Group: Seng, Chheiyleng, Hen, Y, Bunna, Pov, Sophoin, Run, Chhoin, Sdaeung, Senghan, Bun Nath, Phally, Lim, Chinda, Tha
The village bank that is requesting this loan consists of sixteen people who live in Phum Dabprambei village in Kampong Cham province.

Mrs. Seng E. was selected by the members to be the village bank president. She and her husband, Mr. Suon Savath, are laborers who earn less income than they need to support their household. In order to improve their living conditions, Mrs. Seng E. has decided to ask for a loan to buy piglets to start a pig-breeding business.

She is 50 years old and the mother of two children, one of whom is a laborer, while the other attends the local school.

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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 4,081.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Seng Eang Village Bank Group's $2,375 loan helped a member to buy piglets to start a pig-breeding business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2008
Listed
Jan 1, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009