Check out some available loans that are similar to this one!
Mrs. Uon Huot Village Bank Group
In this Group: Uon, Kheng, Ren, Khorn, Min, Roeurng, Chantha, Rorn, Sarun, Rem, Khim, Sang, Neang, Yat
Fourteen people who all live in Krang Sromor Village in Kampong Chhnang Province make up this village bank loan group, and they plan to use the loan ifor different purposes. Mrs. Uon H. is the village bank president. She is a farmer who owns 1 hectare where she cultivates rice to earn her living. Her husband, Mr. Tim Phat, is a palm juice collector who gathers juice to process into palm wine and palm sugar.



Unfortunately, in his business, her husband faces a small problem because he does not have enough equipment to climb the trees to gather the juice. In order to deal with this problem, Mrs. Uon H. decided to ask for a loan to buy bamboo to tie to the palm trees in order to climb up to gather juice.



Mrs. Uon H. is the mother of four children, three of whom are employed in a garment factory while the youngest one is too young to work or study because that child is only two years old.



Another borrower, Mrs.Sang S., did not come to take the loan but her husband did, so he is in the photo instead of her.

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
  • 242
    View loans »
    Cambodia Loans Fundraising
  • $37,070,300
    Funds lent in using Kiva
  • 4,067.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Uon Huot Village Bank Group's $2,025 loan helped a member to buy bamboo to tie to the palm trees to climb up to gather juice.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2008
Listed
Jan 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010