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Mrs. Yab Loeng Village Bank Group
In this Group: Yab, Ven, Khorn, Kunthea, Saren, Rorn, Bet, Thea, Ren, Pao
Mrs. Yab L. is the village bank president for ten people who all live in Krang Sromor Village in Kampong Chhnang Province. All the members will use the loan which they have obtained for different purpose. For instance, Mrs. Yab L. is requesting a loan to buy pig feed since her pigs are getting bigger and bigger and she hopes to provide enough food to her pigs so she can sell thE. for a better price.

Her husband, Mr. Chhin Thim, is a palm juice collector who gathers juice to process into palm sugar and palm wine. Mrs. Yab L. is 47 years old and the mother of two children who are both employed in a garment factory.

This is a village bank loan consisting of partially end-of-term loans. Three members have end-of-term loans and the rest have monthly payment loans. The EoT borrowers 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 thE. 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
  • 73
    View loans »
    Cambodia Loans Fundraising
  • $41,788,200
    Funds lent in using Kiva
  • 4,067.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Yab Loeng Village Bank Group's $1,275 loan helped a member to buy pig feed to fatten her pigs for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 9, 2008
Jan 1, 2009
Currency Exchange Loss:
Jan 15, 2010