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Mrs. Phin Sreng Village Bank Group
In this Group: Phin, Channy, Sokha, Kanha, Mengsrun, Chenda, Chenda, Chinny, Sokhorn, Laiheang, Heng, Mach, Chreb, Neang Mesa, Leum, Yech, Tha, Heng, Koemcheang
In the Preaek Be village of Kandal province are nineteen people who make up a village bank loan. Mrs. Phin S. is the village bank president, selected by the other members, each of whom will use a portion of the loan in a different way to improve their family's living conditions. She and her husband, Mr. Tech Neng, are farmers who own a plot of land to grow crops to sell to support their family.

They have some problems because their field has infertile soil, and it has a lot of insects. So to improve production, Mrs. Phin S. is seeking a loan to buy fertilizer and pesticide. She is a mother of four children, three of whom are helping her to do faming, while the other is attending a local public 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
  • 213
    View loans »
    Cambodia Loans Fundraising
  • $40,040,200
    Funds lent in using Kiva
  • 4,260.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Phin Sreng Village Bank Group's $3,075 loan helped a member to buy fertilizer and pesticide.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 25, 2010
Aug 1, 2010
Currency Exchange Loss:
Jul 29, 2011