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Anonymous Group
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The village bank which consists of twenty nine members is located in Roteang village in Kandal province and the borrowers plan to use the loan for various purposes. Mrs. Seng L. is the village bank president who has been selected by the members. She is a farmer who owns a small piece of land to grow vegetables. Her husband, Mr. Nhoem Poun, is a fisherman. Since his fishing business is doing well, he wants to expand it; thus, Mrs. Seng L. decided to ask for a loan to buy more fishnets for her husband's fishing operation. She hopes to increase her family's income and improve its standard of living. She is a 48-year-old mother of seven children: two are employed in a garment factory, four are attending the local school, and the remaining one is too yoU. 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
  • 242
    View loans »
    Cambodia Loans Fundraising
  • $37,096,850
    Funds lent in using Kiva
  • 4,138.4
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Anonymous Group's $4,150 loan helped a member fishing nets.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 3, 2009
Listed
May 1, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2012