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Anonymous Group
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Twenty-nine people living in Kampong Svay village in Kandal province comprise this village bank loan, and they will use the loan for various purposes. Mrs. Bunthin S. is forty-one years old and the village bank president. She is a grocer who owns a small store. Since her business is doing well, she has a lot of customers and their needs are many. In order to deal with this problem, she decided to ask for a loan to buy more groceries for her customers, and that will help her to earn more profits. Her husband, Mr. Hong Meng, is a construction worker. This couple has four childR., three of whom are enrolled in the local school. The youngest child is still too young to work or study.

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
  • 115
    View loans »
    Cambodia Loans Fundraising
  • $35,862,650
    Funds lent in using Kiva
  • 4,107.2
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Anonymous Group's $4,150 loan helped a member to buy groceries.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2009
Listed
May 1, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2012