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Tort's Group
In this Group: Tort, Men, Man, Chum, Hoeurn, Oeurng, Loem, Lou, Long, Long
Ten people make up this village bank loA.. They are located in Khmut village in Kandal province. This village bank group selected Mrs. Tort S. A., 52 years old, as the village bank president.

Mrs. Tort S. A. and her husband, Mr. Um Vy, are farmers who own a 2-hectare plot of land that they use to cultivate rice to earn a living. They do not have enough money to grow crops on their farm. So Mrs. Tort S. A. decided to ask for a loA. to buy fertilizer, pesticide, and to pay to hire laborers to plow her farm to cultivate rice.

They are farmers who have worked very hard to raise their six children: three are seamstresses in a garment factory while and two are students in the local school, while another stays at home and helps the parents with their farming.

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
  • 252
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,210.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Tort's Group's $1,075 loan helped a member to buy fertilizer, pesticide and to pay to hire laborers to plow her field.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2010
Listed
Nov 5, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 30, 2011