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Mrs. Tuy Village Bank Group
In this Group: Tuy, Doem, Par, Nhoem, Sert, Sert, Tuy, Sein, Par, Suon, Voeurn, Ing, Doem, Nary, Leak, Sok, Im
Mrs. Tuy is the village bank president who has been selected by the seventeen people who make up this village bank loA.. Each will use their portion of the loA. to improve their family's standard of livI.. She owns a general store in the local village where she sells groceries to earn some income to support her family.

Since her business is gettI. on well, Mrs. Tuy wants to expand. She is applyI. for a loA. to buy more groceries to resell. Her husband, Mr. Lot, is a chicken breeder and a farmer who owns a 1-hectare plot of land where he grows rice. He sells part of the rice yield and the other part is used to support his family. Through these activities, they support three children, two of whom are attendI. local public school, while the other is a student.

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
  • 4,025.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Tuy Village Bank Group's $3,400 loan helped a member to buy more groceries to resell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2011
Listed
Mar 4, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012