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Nget's Group
In this Group: Nget, Kin, Sroeurn, Kim, Lakk
This group loan consists of five people who will each use the loan for a different purpose. Mrs. Nget M. is the group leader who has been selected by the members who all reside in Prey Robang village in Takeo province.

Mrs. Nget M. is a weaver and her husband, Mr. Roeurng S., is a farmer who owns 1.5 hectares (3.75 acres) of land on which he grows crops to support his family. In order to improve their living conditions, Mrs. Nget M. decided to request a loan to buy silk for weaving.

Mrs. Nget M. is the mother of five children, two of whom are weavers while the others are attending the 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
  • 133
    View loans »
    Cambodia Loans Fundraising
  • $35,092,400
    Funds lent in using Kiva
  • 4,185.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nget's Group's $625 loan helped a member to buy silk for weaving.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2010
Listed
Feb 17, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011