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Mrs Yorn Thorn's Village Bank Group
In this Group: Yorn, Yuth, Lay, Sam, Sam, Art, Yut, Khut, Sakhorn, Un, Horn, Tep, Try, Savet, Pao
Fifteen people in Kshach Village in Kandal Province formed this village bank. They will use the loan for different purposes. Mrs Yorn T. is the village bank president who has been selected by the members. Mrs Yorn T. is 51 years old and the mother of a child who is attending the local school. She has a plot of land to cultivate vegetable and she now faces a problem because she does not have enough money to purchase vegetable seeds to grow on her field. Thus, Mrs Yorn T. is requesting a loan to deal with this purpose. Her husband, Mr Suon San, is a bodyguard in one hotel in Phnom Penh city, Cambodia. He can make around $42 per month which is little income to support his family.

This is a village bank loan consisting mainly of end-of-term loans. Eight members have end-of-term loans and the rest have monthly payment loans. Those members receiving end-of-term loans are not required to pay any principal on the loan until the very end of the loan term.

End-of-term (EoT) loans are AMK's main product because it is the most beneficial to Cambodia's poor. It allows them to repay portions of the principal whenever they are financially able to. Most clients start to make payments many months before the end of the loan term. Almost all of AMK's clients make their payments on time. AMK has a delinquency rate of only 0.09% and AMK has a default rate of 0% on Kiva.

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
  • 255
    View loans »
    Cambodia Loans Fundraising
  • $38,148,650
    Funds lent in using Kiva
  • 4,137.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs Yorn Thorn's Village Bank Group's $1,500 loan helped a member to purchase vegetable seeds to grow in her field.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 23, 2008
Oct 9, 2008
Currency Exchange Loss:
Sep 15, 2009