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Anonymous Group
In this Group: Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous
Seventeen people living in Khsom village in Kandal province comprise this village bank loan, and they will use the loan for various purposes. Mrs. Chantha P. is the 34-year-old village bank president. She is a farmer who owns a piece of land to cultivate rice. She faces an obstacle because she does not have enough money to buy rice seed. Thus, she is asking for a loan to buy rice seed. She plans to use the rest of money to purchase fertilizer to make her crop more productive. Her husband, Mr. Prach Sarith, is a construction worker. This couple has three children who attend the local school.

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
  • 165
    View loans »
    Cambodia Loans Fundraising
  • $35,951,550
    Funds lent in using Kiva
  • 4,154.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Anonymous Group's $3,100 loan helped a member to buy rice seed and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 3, 2009
Listed
Jul 13, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2012