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Mrs. Thoeun Duch Village Bank Group
In this Group: Thoeun, Lida, Samon, Sareoun, Sarina, Suorn, Khon, Horn, Yun, Yong, Savouen, Nun, Samoeun, Samnang, Kimhai, Srey Pel, Saman, Yeng, Sothea, Pros, Thy, Bunthoen, Visal, Loar
A village bank loan which consists of twenty four people is located in Khsom village in Kandal province and all the members will use the loan in different purposes. Mrs. Thoeun D. is the village bank president. She is a farmer who owns a small piece of land to cultivate rice. Her husband, Mr. Keo Ra, is a fisherman. In his fishing business, he faces an obstacle because he does not have enough nets for fishing which it is affect to his income. Thus, Mrs. Thoeun D. decided to ask for a loan to buy more nets for fishing business. She is 38 years old and the mother of four members, three of whom are enrolled in the local school while the youngest one is too young to work or study.

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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $35,126,200
    Funds lent in using Kiva
  • 4,125.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Thoeun Duch Village Bank Group's $3,925 loan helped a member to ask for a loan to buy more nets for fishing business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2009
Listed
Oct 1, 2009
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010