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Mrs. Auntouch Koy Village Bank Group
In this Group: Auntouch, Thou, Mourn, Lorn, Sreileak, Theary, Vanny, Phoeurk, Sokhim, Kuntheourn
Ten people who live in Boeng Khpob village in Kandal province make up this village bank loan. Mrs. Auntouch K. is the village bank president, selected by all the members. They will use the loan to buy something that can expand their businesses. She is a farmer who owns a small piece of land to grow crops to sell to support her family. Her husband, Mr. Sokorn Chhorn, is a fisherman. They have some problems because their farm is far from the irrigation system. Thus, Mrs. Auntouch K. decided ask for a loan to buy a water machine and taro root to grow. She is a mother of three children, one of whom is enrolled in the local public school.

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
  • 113
    View loans »
    Cambodia Loans Fundraising
  • $36,215,100
    Funds lent in using Kiva
  • 4,127.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Auntouch Koy Village Bank Group's $1,325 loan helped a member to buy a water machine and taro root.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2010
Listed
Mar 14, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011