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Mrs. Touch Chea Village Bank Group
In this Group: Touch, Chrech, Yan, Yoeun, An, Phon, Chroeb, Horng, Nak, Phat, Chhorn, Im, Nim, Navit
Mrs. Touch C., 41 years old, has been selected as the group leader by 14 people seeking a group loan. The group is located in Kampong Luong village, Takeo province. Each member of the group will use a portion of the loan for a different purpose; all members will use the proceeds from the loan investment to support their families. Mrs. Touch C. and her husband, Mr. Ly K., are farmers who own a two-hectare plot of land to cultivate rice, which they sell. She also breeds pigs. Since her pig breeding is going well, she wants to expand. To improve her business, Mrs. Touch C. is applying for a loan to buy more pig food. She is the mother of four children: one is a farmer, while the others are attending school.

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
  • 104
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • 4,252.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Touch Chea Village Bank Group's $1,425 loan helped a member to buy pig food.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011