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Khom Tuy Group
In this Group: Khom, Yeng, Yan, Sim, Pom
Mrs. Khom T. is the group leader of five members in Cham Bak Phém Village in Kampong Chhnang Province. A Khmer cake seller and farmer, she is 51 and a widow with four children, one of whom is employed in a garment factory while the others stay at home to help their mother sell Khmer cake in the village. In the dry season this year, Mrs. Khom T. hired a laborer to work on her rice plantation. She now does not have enough money to pay for the laborer, and is thus seeking a loan for this purpose. Previously, Mrs. Khom T. obtained a loan to buy fish to resell in order to support the family.

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
  • $35,126,800
    Funds lent in using Kiva
  • 3,931.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khom Tuy Group's $775 loan helped a member to pay for a laborer hired to work on her rice plantation during dry season.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 26, 2008
Listed
May 12, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009