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Mrs. Thach Eam Village Bank Group
In this Group: Thach, Yin, Pao, Heng, Phoen, Khon, Rom, Thorn, Voen, Sor, La, Savon, Thea, Channy
These fourteen people live in Ping Pong village in Kandal province and they have requested a village bank loan. Mrs. Thach E. is the village bank president, selected by all the members. Each member will use the loan for different purposes. Mrs. Thach E. is a housewife who cooks delicious food for her children and her husband, Mr. Kao Men, who is a laborer. Although they work hard, their income is low. In order to improve condition her family's living conditions, Mrs. Thach E. is seeking this loan to buy a mother pig to breed, to start a new business. She is a mother of three children who are laborers.

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
  • 192
    View loans »
    Cambodia Loans Fundraising
  • $37,030,850
    Funds lent in using Kiva
  • 4,276.4
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Thach Eam Village Bank Group's $2,225 loan helped a member to buy a mother pig to breed.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011