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Mr. Yoen Yen Village Bank Group
In this Group: Yoen, Kan, Oeur, Soben, Mom, Sok Ny, Sophal, Sopheap, Mao, Sen, Chinda, Srey Pao, Hong Lee, Channy, Sarat, Chanara, Sothy
Mr. Yoen Y. repairs motorbikes and owns a store. Since his business is doing wE., he wants to expand it by purchasing motorcycle supplies to sE. to earn more income. His wife, Mrs. Haem Korn, is a farmer who owns a plot of land to cultivate rice. Mr. Yoen Y. is 55 years old and the father of three children: one is a track driver and the others help with their parents' work. Mr. Yoen Y. is the village bank president who has been selected by the members. This village bank loan is for 17 people who all live in Barkou village in Takeo province.

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
  • 108
    View loans »
    Cambodia Loans Fundraising
  • $35,068,675
    Funds lent in using Kiva
  • 4,150.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Yoen Yen Village Bank Group's $2,250 loan helped a member to buy motorcycle supplies to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010