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Mr. Tha Aom Village Bank Group
In this Group: Tha, Chheng, Khorn, Enn, Soen, Hin, Ry, Ren, Peng, Thol, E, Huoy, Sarin
Mr. Tha A. was born in 1972. He is the village bank president who has been selected by 13 people who live in Preaek Louk village in Kandal province. All these members make up a village bank loan and they will use their portion of the loan for different purposes to increase their income to support their families. Mr. Tha A. sells recyclable items and earns a little money to support his family because he has only a little capital to invest his business. So to improve his business, Mr. Tha A. is seeking a loan to buy more recyclables to resell. His wife, Mrs. Sen Beng, is a seamstress in a garment factory. With these activities, they support three children. One child is a seamstress in a garment factory, another is a student in the local public school, and the youngest one is five 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
  • 187
    View loans »
    Cambodia Loans Fundraising
  • $36,987,750
    Funds lent in using Kiva
  • 4,265.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Tha Aom Village Bank Group's $1,575 loan helped a member to buy more recyclables to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010