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Mrs. Thy Thuch Village Bank Group
In this Group: Thy, Touch, Ry, Mai, Pha, Chreob, Sok, Saren, Khom, Srey Leak, Sokha, Lee, Rem, Chen, Vorn, Kaim
Mrs. Thy T. is 52 years old. She is the village bank president of a group of 16 people, located in Tnaot Nhi village in Kandal province. Members will use their loans for different purposes. Mrs. Thy T. is a farmer who owns a one-hectare field to cultivate rice. She would like to ask for a loan of 800,000 Riel from AMK to support her farm. Mrs. Thy T. is a widow with four children. One of her children is a laborer with a private company and the other is employed in a garment factory.

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
  • 244
    View loans »
    Cambodia Loans Fundraising
  • $37,096,850
    Funds lent in using Kiva
  • 4,155.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Thy Thuch Village Bank Group's $2,525 loan helped a member to support her farm.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 24, 2009
Listed
Jan 20, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011