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Nouern's Group
In this Group: Nouern, Roeurn, Noav, Chandy, Eam, Samol, Sona, Veth
Mrs. P. Nouern is the leader of this group loan which consists of eight people located in Prachum Ank village in Kandal province. The members of this loan hope to increase their incomes to improve their family living conditions.

Mrs. P. Nouern and her husband are vegetable sellers who are able to earn a small income to support their family living. Since this business is going well, Mrs. P. Nouern wants to expand it, so she decided to ask for a loan to purchase more vegetables to enlarge her business.

This couple has four children, three of whom are seamstresses in the garment factory while the other one is a student in 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
  • 119
    View loans »
    Cambodia Loans Fundraising
  • $36,585,575
    Funds lent in using Kiva
  • 4,127.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nouern's Group's $900 loan helped a member to purchase more vegetables to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2010
Listed
Mar 22, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011