Mr. Him Soen Group
Him S. and his wife, Sokchan Chork, are farmers who own a small plot of land to cultivate rice for supporting their family. The idea is to provide the farmland with proper care, so that the crops will produce the best possible sale price when the time comes to sell them. Thus, Him S. decided to ask for a loan to buy fertilizers and fuel for his crop field. He is the father of two children, one of whom is enrolled in local public school, while the other is too young to go to school or work. All the members are shown in the picture, but some faces are just slightly blocked by others.
About AMKAngkor 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.
79View loans »
Success!! The loan was 100% repaid