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Pith's Group
In this Group: Pith, Savon, Sarorn, Khom
This group loan is comprised of four people who all live in Preaek Louk village in Kandal province. Mr. Pith S. is the group leader who has been selected by all the members; they will use their loans for different purposes. He is a farmer who owns a plot of land to cultivate rice on to support his family, and his wife, Mrs. Preak Boung, is a housewife.



This family has some problems because their house is dark at night and it does not have fresh water to use. Thus, Mr. Pith S. decided to ask for a loan to buy electricity supplies. He would like to buy a hose to provide water for his house with the remainder of the loan. He is a father of five children, three of whom are employed in a garment factory, 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 322
    View loans »
    Cambodia Loans Fundraising
  • $37,579,275
    Funds lent in using Kiva
  • 4,165.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Pith's Group's $500 loan helped a member to buy electricity supplies and a hose for water.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 5, 2010
Listed
Feb 19, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010