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Mr. Moa Un Village Bank Group
In this Group: Moa, Srei, Khorn, Ny, Chantha, Hing, Soen, Savorn, Chreb, Bol, Sarath, Roeun
Twelve people who live in Preaek Pang village in Kandal Province have formed this village bank loan. All the members will use the loans which they obtained for different purposes. Mr. Moa U. is a village bank president who has been selected by the members. He is farmer who has a small piece of land to cultivate rice for a living. On his farm, he now faces a small problem because his field has infertile soil which is affecting the crop. Thus, he decided to ask for a loan to buy fertilizers to support the field. He will use the rest of the loan to buy fuel to support the field to make his crop more productive. His wife, Mrs. Lis Pong, is a recycling collector who buys waste such as empty bottles, cans, plastic and so on to re-sell in a recycling factory. Mr. Moa U. is 35 years old and the father of five children, two of whom are recycling collectors while two others help him in farming and the youngest one is attending the local school. Another loan member, Mr. Khorn K. did not come to take a loan but his wife did, so she is presented in the picture instead him.

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
  • 4,132.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Moa Un Village Bank Group's $1,700 loan helped a member to buy fertilizers for his field and to buy fuel to support the field to make the crop more productive.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010