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Mrs. Yorn Yem Village Bank Group
In this Group: Yorn, Sarom, Lorng, Them, Sotheary, Sambor, Phorn, Samnang, Bun Thoeun, Tho Ngvieng, Hvass, Soeun, Sophany
This village bank loan has thirteen people who all live in Akreiy Ksat village in Kandal province. Each member will use the loan for a different purpose.

Mrs. Yorn Y. is the village bank president who has been selected by the members. She is a fruit seller who is able to earn some money to support her family. Since her business is going well, she wants to expand it. Thus, she decided to ask for a loan to buy more fruit to sell.

Mrs. Yorn Y. is a widow with two children, one of whom is a construction worker and the other is a seamstress 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
  • 104
    View loans »
    Cambodia Loans Fundraising
  • $35,502,525
    Funds lent in using Kiva
  • 4,217.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Yorn Yem Village Bank Group's $1,725 loan helped a member to buy more fruit to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2010
Listed
Apr 2, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011