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Mrs. Kunthea Than Village Bank Group
In this Group: Kunthea, Samphos, Salon, Shim, Touch, Li, Socheata, Khleng, Sophan, Phirom, Sok, Sokhorn, Navy, Vanna, Samarth, Voer, Sarorn, Srei Neang
This group loan consists of 18 people who all live in Ta Reab Doun Sar village in Kandal province. Mrs. Kunthea T. has been selected by the members of the group to be its president. She sells fish in the local market. Her husband, Mr. P. Phearak, is a fisherman whose boat is broken. Although this couple tries to work hard, they still don't earn enough income to support their family’s needs. Because of this, Mrs. Kunthea T. is asking for a loan to buy more fishnets, fix her husband's boat, and repair her family's house. She is 24 years old and the mother of two children who are only ages one and three.

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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • 4,151.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Kunthea Than Village Bank Group's $2,850 loan helped a member to buy more fishnets, fix her husband's boat, and repair her family's house.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2009
Listed
Sep 3, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010