Funded

Total loan: $4,000
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Mrs. Tork Ly Village Bank Group

Cambodia
Cambodia / Pigs

A loan of $4,000 helped a member to buy pig food to feed her pigs.


Mrs. Tork Ly Village Bank Group's story

The Village Bank consists of 29 people and is located in Traeuy Troeng Village in Kandal Province; they plan to use the loan differentL.. For instance, Mrs. Tork L. is the village bank president who is a pig breeder and raises ten pigs. Since her pigs are growing bigger and bigger, she does not have enough money to buy pig food to feed her pigs. Thus, Mrs. Tork L. has decided to ask for a loan to invest in more food for her animals. Her husband, Mr. Lin Nget, is a farmer who owns a hectare to cultivate rice. Mrs. Tork L. is 55 years old and the mother of three children, one of whom is a rice wine maker while the others are attending the local school. The three men who are in the picture are requesting the loan on behalf of their wives.

This is a village bank loan consisting of mainL. end-of-term loans. One member has end-of-term loans and the rest have monthL. payment loans. This member is 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 financialL. 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.

In this group: Tork, Tork, Loem, Ell, Va, Chor, Un, Mang, Ly, Un, Ka, Leang, Teth, Thav, Thav, Kork, Kuth, Samyorn, Pai, Kang, Sroen, Chhorn, Pheon, Thav, Em, Chrouch, Shen, Thorn
*not pictured



Loan details

Loan length:

14 months
Disbursed date: October 17, 2008
Facilitated by Field Partner: AMK (Angkor Microfinance Kampuchea)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: October 17, 2008
Facilitated by Field Partner: AMK (Angkor Microfinance Kampuchea)