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Mrs. Thoeun Village Bank Group
In this Group: Thoeun, Chanthy, Phorn, Saroeurn, Sreymom, Son, Sokhom, Sopha, Sarorn, Ny, Bol, Saren, Sam, Koem, Saran, Aom, Chantha, Chorn, Toem
Mrs. Thoeun, born in 1982, has been selected as village bank president by nineteen members who make up a village bank loan, Each borrower will use their portion of the loan for different purposes in order to improve their family's standard of living.

Mrs. Thoeun is a Khmer cake seller and a farmer who owns a small piece of land where she grows rice, selling pA. of the yield and using the rest to support her family. In the rice field, she has some problems because her field has infertile soil. To improve the rice production, Mrs.Thoeun is applying for a loan to buy fertilizer, gasoline, and pesticide. Her husband, Mr. C. Ney, is a farming laborer and fisherman. He also works leaves of palm trees to make roofs to sell to support his family. This couple supports two children who are too young to work or study.

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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • 4,005.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Thoeun Village Bank Group's $3,350 loan helped a member to buy fertilizer, gasoline, and pesticide.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 30, 2012