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Mrs. Duch Thoeun Village Bank Group
In this Group: Duch, Yan, Sam, Nouk, Heang, Sek, Yun, Prak, Um, Prum, Eng, Pol, Duorng, Chhun, Prum, Khuth, Vaen, Saom, Keo, Paen, Hong
Twenty-one members founded a Village Bank which is located in Khsom Village in Kandal Province. Mrs. Duch T. was born in 1971. She has three children who are all attending school; they are 14, 10 and 8 years old. Mrs. Duch T. and her husband, Mr. Keo Ra, are fishermen. They gather fish in the local lake but they now do not have enough fishing equipment. Therefore Mrs. Duch T. decided to ask for a loan to buy fish nets in order to gather fish.

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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $36,207,750
    Funds lent in using Kiva
  • 4,081.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Duch Thoeun Village Bank Group's $3,000 loan helped a member to buy fish nets in order to gather fish.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 21, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009