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Thor's Group
In this Group: Thor, Sorn, Mao, Ung
This group loan has four members who will use their portion of the loan for different purposes in Sla village, Takeo province. They have selected Mrs. Thor S. to become a group leader.

Mrs. Thor S. is a farmer who owns a 1-hectare plot of land where she is able to grow rice to sell to support her family. Her husband, Mr. S. Nang Hiem, is a construction worker. She has a labor problem because it's time to harvest her rice field, but she did not have enough money to hire farm laborors. So to improve production, Mrs. Thor S. is asking for a loan to hire farm laborers to harvest the rice. She is a mother of four children, three of whom are students while the other works at home.

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
  • 214
    View loans »
    Cambodia Loans Fundraising
  • $37,046,750
    Funds lent in using Kiva
  • 4,065.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Thor's Group's $350 loan helped a member to hire farm laborers to harvest rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 29, 2010
Listed
Dec 8, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 7, 2011