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Mrs. Thul Village Bank Group
In this Group: Thul, Vanna, Phally, Lor, Lieb, Kunthea, Sokroeun, Thol, Sophoan, Saran, Sokheoun, Mom, Ny, Srey Neng, Thavry, Sinat
The 16 people who make up this village bank loan have selected Mrs. Thul to be the village bank president. They will use their portion of the loan for different purposes by which they can improve their families' standard of living.

Mrs. Thul owns a general store in the local village where she sells groceries to earn some profit to support her family. Since her business is getting on well, she wants to expand. Thus, in order to improve her daily income, Mrs. Thul is seeking a loan to buy more groceries for resale.

Her husband, Mr. Sophat, is a farmer and a vice village chief. They support four children; one is a laborer, and the others are students.

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
  • $36,585,575
    Funds lent in using Kiva
  • 4,005.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Thul Village Bank Group's $2,800 loan helped a member to buy more groceries for resale.
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:
Feb 25, 2012