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Mrs. Puthy Pen Village Bank Group
In this Group: Puthy, Roeurn, Kalna, Sok Ly, Rany, Choeurn, Samoeurn, Sung Heng, Mao, Vorn, Sroeurn, Thorn, Sokhom, Choeun, Cham, Chen, Chev, Phom
Eighteen people who all live in Khnar Thum village in Takeo province make up this village bank loan. Mrs. Puthy P. is the village bank president who has been selected by the members and they will each use the loan for different purposes. She is a farmer who owns 1 hectare of land where she cultivates rice. She is also a weaver, and owns a small grocery store at home. Since her business is going well, she wants to expand it by purchasing more raw materials and more grocery products to resell to earn more income. Mrs. Puthy P. is a 48 year old widow with a child who is enrolled in the local school. All the members are presented in the picture but some of them are blocked.

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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $35,860,325
    Funds lent in using Kiva
  • 4,135.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Puthy Pen Village Bank Group's $2,575 loan helped a member to buy more raw materials and more grocery products to resell to earn more income.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010