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Mrs. Thouk Khlouk Village Bank Group
In this Group: Thouk, Pav, Somali, Pho, Saren, Tha, Shunlee, Sovan, Phan, Hoy, Chantha, Kemny, Pheap, Sareth, Seingdy, Im, Sokhom, Sochea, Soklim
Nineteen people who live Damnak Sangkae Village in Kandal Province make up this village bank loan, and they will use the loan which they obtained for different purposes. Mrs. Thouk K. is the village bank president who has been selected by the members. She owns a small grocery store in the local village. Since this business is going well, she wants to expand it, so she decided to ask for a loan to buy more grocery products for her inventory. She hopes to increase her income with this new loan. Mrs. Thouk K. is a 54-year-old widow with a child who is employed in a garment factory.

Mr. Tha C. did not come to take the loan but his wife did, so she is presented in the picture instead him.

This is a village bank loan including end-of-term loans. Six members have end-of-term loans and the rest have monthly payment loans. Group members are not required to pay any principal O. the loan until the very end of the loan term. End-of-term (EoT) loans are AMK’s main product because they are the most beneficial to Cambodia’s poor. These allow tH. 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 O. time. AMK has a delinquency rate of only 0.09% and AMK has a default rate of 0% O. 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
  • 50
    View loans »
    Cambodia Loans Fundraising
  • $38,700,050
    Funds lent in using Kiva
  • 4,067.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Thouk Khlouk Village Bank Group's $2,275 loan helped a member to buy more grocery products for her inventory and to increase her income with this new loan.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 27, 2008
Jan 1, 2009
Currency Exchange Loss:
Dec 15, 2009