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Mrs. Toeurn Loch Village Bank Group
In this Group: Toeurn, Si, Ngoy, Saroem, Thea, Sophorn, Ra, Sao Vorn, Pov, Touch, Sambou, Rann, Kong, Mom, Nhoeun, Tong, Saroem, Pheap, Khorn
Nineteen people who are all living in Ta Soeng village in TaK. province make up the village bank loan. Mrs. Toeurn L. is a village bank president who has been selected by the members, and they all will use their loans for different purposes. Mrs. Toeurn L. is a farmer who own a 1-hectare field to cultivate rice. Aside from this farming, she is a pig breeder. Since this business is going well, she wants to expand it by purchasing more piglets for breeding to earn more income. Her husband, Mr. Khat Sarith, is a construction worker who can make a small income to support the family. Mrs. Toeurn L. is 26 years old and the mother of three children who are all 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
  • 115
    View loans »
    Cambodia Loans Fundraising
  • $35,436,425
    Funds lent in using Kiva
  • 4,135.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Toeurn Loch Village Bank Group's $1,150 loan helped a member to buy more piglets for breeding to earn more income.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 20, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010