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Mrs. Nay Yong Group
In this Group: Nay, Morn, Siv, Thy, Un
Mrs. Nay Y. was selected by fellow members to be the group leader of five women in Tumnob Leu Village in Kampong Cham Province who are requesting a group loan. Mrs. Nay Y. is 34 years old, and the mother of two children: one is enrolled at the local school and the other is only three months old. Mrs. Nay Y. is a recycling collector who gathers or buys empty bottles, cans, and plastics and then resells them to a recycling factory. Her business is going well, and she would like to expand it. Her husband, Mr. Khen Khem, is a farmer.

All the members in her group loan have end-of-term loans (EoT), which means they are not required to pay any principal on the loan until the very end of the loan term. This type of loan is 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 do so. Most clients start to make payments many months before the end of the loan term, and 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
  • 105
    View loans »
    Cambodia Loans Fundraising
  • $41,847,450
    Funds lent in using Kiva
  • 4,121.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Nay Yong Group's $750 loan helped a member to buy bottles, cans, and plastics to resell to a recyling factory.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 13, 2008
Oct 30, 2008
Currency Exchange Loss:
Nov 15, 2010