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Kosall's Group
In this Group: Kosall, Chom Nan, Houng, Sam Ang, Sok Noeun, Sa Tum, Sarorn, Prang, Phanny, Prat, Sophat, Sol, Yeon, Cheak
This group loan includes fourteen people located in Spean Dek village in Kandal province. Mrs. Kosall Y. is 47 years old and is the village bank president of her group. Each member of group will use the loan for different purposes. Mrs. Kosall Y. and her husband, Mr. Khon Khann, are farmers who own a one-hectare field to cultivate vegetables. They do not have enough money to support their farm. Thus, Mrs. Kosall Y. decided to ask for a loan to buy fertilizer, vegetable seeds and gasoline to support her farm. This couple has seven children; one is a seamstress in a garment factory, one is a farmer, one is a student in a local school and the others are between 2 and 5 years old.

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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $35,122,200
    Funds lent in using Kiva
  • 4,219.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kosall's Group's $1,575 loan helped a member to buy fertilizer, vegetable seeds and gasoline.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2010
Listed
Apr 22, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011