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Mrs. Reurn Thy Village Bank Group
In this Group: Reurn, Srey Mao, Samrong, Pheap, Yar, Aun, Porl, Sok, Lob, Ream, Nay, Na, Rom, Roeun, Porb, Phaon
Sixteen people make up this village bank loan and they have selected Mrs. Reurn T. as a village bank president. She is 54 years old. Each group member will use their portion of the loan for different purposes. The group is located in Pris Kraom village in TaK. province. Mrs. Reurn T. is a farmer who owns a three-hectare plot of land on which she cultivates rice that she sells in order to support her family. Her husband, Mr. Pon Vet, is a village chief. Her problem is that her field has infertile soil. So to improve production, Mrs. Reurn T. is applying for a loan to buy fertilizer. She is a mother of two children, one of whom is a healer, while the other is 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
  • 290
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,190.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Reurn Thy Village Bank Group's $1,325 loan helped a member to buy fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011