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Muon's Group
In this Group: Muon, Hun, Chut, Un
This group loan consists of four people who are villagers in Trav village in Prey Veng province. Mr. Muon K. is the group leader, selected by all the members who will use the loan for different purposes. He and his wife, Mrs. Key Korng, are farmers who own a 1.5-hectare plot of land to grow rice to sell to support their family. Their problem is that their field has infertile soil. So to improve production, Mr. Muon K. is asking for a loan to buy fertilizer. Through this activity, the couple supports four children, two of whom are seamstresses in garment factory, and two are laborers in the local village.

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
  • 101
    View loans »
    Cambodia Loans Fundraising
  • $35,518,825
    Funds lent in using Kiva
  • 4,238.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Muon's Group's $425 loan helped a member to buy fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 6, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011