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Mrs. Meng Kong Village Bank Group
In this Group: Meng, Sokchann, Samnang, Sopheap, Yen, Phally, Kim Eng, Seur, Sokhom, Samorn, Yean, Sok Hay, Srey Loeng, Samnang
This village bank loan is made up of fourteen people, all of whom are villagers I. Preaek Ksev village I. Kandal province. Mrs. Meng K. is the village bank president who has been selected by all the group members. Each member will use their loan for a different purpose.

Mrs. Meng K. is a fruit seller and her husband, Mr. Chorm Rors, is a farmer who owns a small piece of land to cultivate rice to support his family. The couple has a child who is a seamstress I. a garment factory. Since her business is going well, Mrs. Meng K. wants to expand it B. she does not have enough money to do so. Therefore, she has decided to request a loan to buy more fruits for resale.

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
  • 51
    View loans »
    Cambodia Loans Fundraising
  • $41,847,450
    Funds lent in using Kiva
  • 4,145.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Meng Kong Village Bank Group's $1,300 loan helped a member to buy more fruits for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 11, 2010
Mar 17, 2010
Currency Exchange Loss:
Jul 29, 2011