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Thuong's Group
In this Group: Thuong, Pan, Poa, Sorn, Son, Oeun, Sry, Kam, Srorn
Mrs. Thuong, born in 1968, and her husband are farmers. They own a plot of land and grow corn and rice to make a living. They do not have enough money for their farm. Thus, Thuong would like to ask for a loan to buy gasoline and fertilizers for growing crops. Aside from farming, they also earn a living by making coffee to sell. This couple has four children: one is a teacher, one is a farmer, one is attending a local school, and the youngest one is 4 years old.

This village bank consists of nine members. Mrs. Thuong is the village bank president selected by the other members. Each member of this village bank will use their money for different purposes.

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
  • 192
    View loans »
    Cambodia Loans Fundraising
  • $37,030,850
    Funds lent in using Kiva
  • 4,025.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Thuong's Group's $1,350 loan helped a member to buy gasoline and fertilizers for growing crops.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 25, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012