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Mrs. Srey Touch Sath Village Bank Group
In this Group: Srey Toch, Sokh Heang, Oeung, Sokh Khai, Toem, Srey, Saroem, Piseth, Sokh Run, Sokh Lim, Seng Kim, Troeb, Sokh Rong, Srey Mao, Sakorn, Saraim, Teng, Kunthea, La
Nineteen people living in Preaek Doung village in Kandal province comprise this village bank loan, and they will use the loan for various purposes. M.. Srey Touch S., 40, is the president of the village bank. She is married and has four children, three of whom are enrolled in the local school, while the youngest one is still too young to work or study. M.. Srey Touch S.'s husband, Mr. Prum Saravuth, is a motorbike taxi driver. M.. Srey Touch S. herself earns income selling pork, and, since her business is doing well, she now wants to expand it. Thus, M.. Srey Touch S. has decided to take out a loan to be able to bU. more pork for sale and thereby earn more profits.

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
  • 231
    View loans »
    Cambodia Loans Fundraising
  • $37,058,050
    Funds lent in using Kiva
  • 4,130.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Srey Touch Sath Village Bank Group's $2,600 loan helped a member purchase of pork for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 5, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010