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Mrs. Rith Kuoy Village Bank Group
In this Group: Rith, Ngaor, Vanna, Lach, Leng, Aem, Ly, Ty, Pheap, San, Nareth, Sokha, Kunthea, Soeurn, Srey, Soeurn
This village bank loan group consists of 17 people who live in Trapeang Reang village, Takeo Province. Mrs. Rith K., the village bank president selected by the other members who will use their portion of the loan for different purposes, was born in 1960. She and her husband, Mr. Chhan Sam, are farmers who own a plot of land where they grow a crop to sell to support their family. In the interests of improving their living standard, Ruth is now requesting a loan to buy some piglets to start a breeding business, with the rest being used to purchases fertilizer.



Ruth is a mother of four children, one of whom is a driver, another a seamstress in a garment factory, another a farmer, and another a student. Mr. Sen Sou is a group guarantor, so he is presented in the picture.

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
  • 141
    View loans »
    Cambodia Loans Fundraising
  • $36,611,475
    Funds lent in using Kiva
  • 4,265.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Rith Kuoy Village Bank Group's $2,675 loan helped a member to buy some piglets for breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011