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Mrs. Thoy Kang Village Bank Group
In this Group: Thoy, Sron, Thy, Sruo, Sroem, Channa, Yaing, Phorn, Chreb
This village bank loan has nine people who are villagers in Prey Sambuor village, Takeo province. Mrs. Thoy K. is the village bank president. She was born in 1959. She was selected by the other members, who will use portions of the loan for different purposes. She and her husband, Mr. Bav Ven, are farmers who rent a small piece of land to cultivate rice to sell in order to support their family. Her husband is also a fisherman. However they try to work hard so that they can earn more income. So to improve her family's living condition, Mrs. Thoy K. is asking for a loan to buy some piglets for breeding to start a new business. She is the mother of six children, three of whom are seamstresses in a garment factory, and three of whom are attending in local school in addition to helping their parents’ businesses.

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
  • $35,859,500
    Funds lent in using Kiva
  • 4,260.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Thoy Kang Village Bank Group's $775 loan helped a member to buy some piglets for breeding to start a new busines.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 20, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011