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Torng's Group
In this Group: Torng, Sao, Sambou, Vaen
Mrs. Torng D. is the group leader of four people in Kampao Village in Takeo province. She is a farmer who earns a small income from the 1-hectare field which she owns where she cultivates rice. She now has a problem in her farming because she does not have enough money to buy seed rice to cultivate rice.

She therefore decided to ask for a loan to buy seed rice, using the rest of the loan to buy fertilizers to support the field. Her husband, Mr. Nil Khim, helps her with the farming. Mrs. Torng D. is the mother of five children, two of whom are employed in a garment factory while another two are students in the local school and the other 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
  • 101
    View loans »
    Cambodia Loans Fundraising
  • $35,470,050
    Funds lent in using Kiva
  • 4,157.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Torng's Group's $775 loan helped a member to buy seed rice to cultivate rice and to buy fertilizers to support the field.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2009
Listed
Jan 12, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010