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Uy's Group
In this Group: Uy, Yin, Oem, Cheng, Han, But, Yoem, Korm, Thorng, Chea, Khut, Nou, Phorn, Soem, Koy, Yin
This village bank loA. consists of 16 members. Mr. Uy is the village bank president. He was selected to be the village bank president by the other members. Each member of this group will use their money to support their different needs.

Mr. Uy and his wife are farmers who own a plot of land and a water machine, which they use to grow cucumbers. To support their farming, Mr. Uy would like a loA. to buy fertilizers for growing cucumbers. He will use the rest of the loA. to buy hoses for his water machine.

This couple has worked hard on the farm to support their five children: one is a laborer, one is a construction worker and two are attending the local school, while the youngest one stays 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
  • 200
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • 3,998.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Uy's Group's $3,175 loan helped a member to buy fertilizers to grow cucumbers with the remainder of the loan for hoses for his water machine.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2011
Listed
May 4, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012