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Mrs. Huy Yeng Village Bank Group
In this Group: Huy, Sokha, Vanna, Vannda, Phou, Thorn, Sokhim, Phorng, Sokhoeurn, Srey Pov, Sok Eng, Sokchea, Kemsang, Son, Houy
This village bank loan group consists of fifteen people who are living in Trapeang Trayueng village in Takeo province. They will use their loan for different purposE. that can improve their businessE. in the future.

Mrs. Huy Y. is the village bank president who has been selected by all the members. She and her husband, Mr. P. Phav, are farmers who own half-hectare plot of land to cultivate rice on to sell to support their family. They try to work hard in their field, but they can earn only a little money. So to improve family living conditions, they want to start a new business, but they do not have enough money for this. Thus, Mrs. Huy Y. is seeking a loan to buy some piglets for breeding. She is a mother of a child who is twenty-one years old.

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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $35,126,200
    Funds lent in using Kiva
  • 4,180.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Huy Yeng Village Bank Group's $2,500 loan helped a member to buy some piglets for breeding.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011