A loan of $2,075 helped a member to build a new house in order to improve her living condition.

Vor Preng Village Bank Group's story

Mrs. Samon R. is the Village Bank President in Vor Preng. She is a rice farmer and vegetable seller. She currently has an old house and poor living conditions and so she now wants to build a new house. Unfortunately, she does not have enough money to afford to build it; thus she has asked for a loan for this purpose.

Mrs. Samon R. is 58 years old. She is a widow with two children, one of whom is employed in a garment factory while the other one is enrolled in school. Previously, Mrs. Samon R. obtained a loan from Amret Co.,LTD to buy cows for breeding. Last year, she got gangrene and she did not go to hospital. She called a doctor to come to cure her at home and she spent $50, which is approximately the equivalent of one month’s food consumption for a family in Cambodia. Because of this unforeseen expense, Mrs. Samon R. does not have enough money to build her house now.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.

In this group: Samon, Sophea, Samnang, Sokea, Maly, Kimhuon, Sophat, Sokhom, Sameourn, Sam Oun, Mao, Chanthon, Chanthy, Yan, Neourn, Sophorn, Nim

Loan details

Lenders and lending teams

Loan details