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Mrs. Yom Touch Village Bank Group
In this Group: Yom, Sreymom, Chantha, Srey Pao, Thorn, Kolab, Ros, Tola, Chanroath, Thun, Pao, Sopha, Chanthoen, Yon
Mrs. Yom T. is the president of a village bank loan group that consists of 14 people from Sarei Sambath village in Kandal province. She is farmer who owns a piece of land to cultivate rice. She needs fertilizer and pesticide for her field because it is infertile. Thus, she decided use her share of this loan to buy these things to support her field. Mrs. Yom T. is a widow with a child who helps her on the farm.

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
  • $36,569,250
    Funds lent in using Kiva
  • 4,151.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Yom Touch Village Bank Group's $2,275 loan helped a member to buy fertilizer and pesticide.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010