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Mrs. Thol Korn Village Bank Group
In this Group: Thol, Lorn, Non, Chann, Sokheng, Korn, Sopheap, Im, Yom, Heng, Chanmom, Ith, Seour, Pok, Si Keng, Srey Pov, Sen
This village bank group which consists of seventeen members is located in Ta Nu village in Kandal province, and they plan to use the loan which they obtained for different purposes. Mrs. Thol K. is the village bank president who has been selected by the members. She is employed in a garment factory. She is also a pig breeder. Since her pig-breeding business is going well, she wants to expand it. Thus, she decided to ask for a loan to buy more piglets for breeding.



Mrs. Thol K. is 31 years old and the mother of a child who is attending the local school.



Note: Mr. Sen S. did not come to take the loan but his wife did, so she is present in the picture instead.

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
  • 124
    View loans »
    Cambodia Loans Fundraising
  • $36,207,275
    Funds lent in using Kiva
  • 4,205.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Thol Korn Village Bank Group's $2,600 loan helped a member to buy more piglets to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2009
Listed
Jul 30, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010