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Yean's Group
In this Group: Yean, Srey, Yean
There are three low-income people who have decided to join this loan group. Its leader, Yean S., is 31. Yean S. currently retails fish that she gets from her husband’s fishing. She also buys fish from other fisherman to continue selling when her customers still need more fish. She normally makes around US$ 3 in profit each day to be responsible for her family’s daily food.



Yean S. has given birth to three children who are now secondary students. Yean S. is applying for a loan for her husband to purchase more implements for fishing purposes.



The other group members who have joined are:



Srey S. who will use the loan to upgrade the size of her fish shop; and



Yean S. who will use her loan to purchase a bicycle which she will use to transport fish to the market for sale.

Additional Information

About HKL

Hattha Kaksekar Limited is one of the largest and most successful microfinance institutions (MFIs) in Cambodia. The organization provides microfinance services to the poor, particularly women, in urban and rural areas. Kiva lenders’ funds will be used to expand the outreach of HKL’s financial services to a greater number of clients in rural areas of Cambodia.

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
  • 323
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Yean's Group's $450 loan helped a member to buy fishing implements.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2009
Listed
Jul 10, 2009
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2010