Check out some available loans that are similar to this one!
Srey Mao's Group
In this Group: Srey Mao, Thouk, Shunlee, Chantha, Kemny, Sochea, Ang, Samnang, Yat, Leakhena, Savdy, Srey Mao, Srey Mach, Seng, Sophea, Tyda, Sam Ul, Bun, Vong Sarith
Nineteen people, all living in Damnak Sangkae Village in Kandal Province, make up this village bank loan. Mrs. Srey Mao S. was selected as village bank president by the group members, who will all use the loan for different purposes. She is a farmer who owns a piece of land where she grows rice for a living and her husband, Mr. PhearU. Phoem, owns one truck for transporting soil to resell. This family faces a problem: because their truck’s wheels are too old to work, they need to exchange them for new ones. Thus, Mrs. Srey Mao S. decided to ask for a loan to purchase two new truck wheels. This couple has three children. The oldest one is a staff member in a casino club while the other two are attending a local public 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
  • 111
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • 4,163.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Srey Mao's Group's $3,175 loan helped a member to purchase two new truck wheels.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2009
Listed
Jan 16, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 29, 2011