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Mrs. Phal Meas Village Bank Group
In this Group: Phal, Sokhea, Tim, Vuthea, Chantha, Korn, Savann, Savon, Thavy, Thach, Vann, Sokha, Sokharm, Boeun, Phal, Reth, Sokna, Sreng, Chanthorn, Sok Ny, Srey Rorm, Sey Morn
The village bank loan is for a group of twenty-two people who all live in Taok Ma Village in Kandal Province. The other members of the loan selected Mrs. Phal M., who is thirty-seven years old, to be the president of the village bank. All of the members will use their loans for different purposes. Mrs. Phal M. is a farmer who owns a piece of land for growing rice to make a living. Her husband, Mr. Sok San, is a construction laborer. In the rice plantation, Mrs. Phal M. has a problem because she does not have enough money to hire laborers to harvest her rice. Thus, Mrs. Phal M. decided to apply for a loan so she can hire laborers to harvest the rice field. The couple has four children; one is employed in a garment factory, two are attending the local public school, and the other is too young to go to school or work.

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
  • 81
    View loans »
    Cambodia Loans Fundraising
  • $41,793,100
    Funds lent in using Kiva
  • 4,155.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Phal Meas Village Bank Group's $2,325 loan helped a member to hire laborers to harvest her rice field.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 15, 2009
Jan 14, 2010
Currency Exchange Loss:
Jan 15, 2011