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Thy's Group
In this Group: Thy, Pov, Rorn, Srey Mom
Mr. Thy M. is a 30-year-old married man and he is the leader of this group loan which consists of four-members located in Preaek Ksev village in Kandal province. Each member will use the loan for a different purpose.

Mr. Thy M. is a motorbike taxi driver who is able to earn a small income to support his family living. For this business, he decided to ask for a loan to add to his savings to purchase a motorbike for his business.

Mr. Thy M.’ wife, Mrs. Sreyneang Run, is a farming laborer who receives a small salary to support her family. This couple has three children: one is a student in the local school while the other two are too young to study or work.

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
  • 111
    View loans »
    Cambodia Loans Fundraising
  • $36,190,425
    Funds lent in using Kiva
  • 4,217.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Thy's Group's $475 loan helped a member to purchase a motorbike for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2010
Listed
Apr 2, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 29, 2011