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Phalla's Group
In this Group: Phalla, Sina, Huon, Oun
In Srae Ampil village in Kandal province are found these four people who make up this group loan. Mrs. Phalla K. is the group leader, selected by all the members. Each member will use their loan for a different purpose.

Mrs. Phalla K. is on the staff of an orphan center and she is also a farmer who owns a half-hectare (1.25 acres) of land on which she cultivates rice to support her family. Her problem is that her rice field has infertile soil.

So, to improve her production of rice, Mrs. Phalla K. is seeking a loan to buy fertilizer and rice seed. She is a widow with a child who is nineteen 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
  • 116
    View loans »
    Cambodia Loans Fundraising
  • $35,919,225
    Funds lent in using Kiva
  • 4,180.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Phalla's Group's $650 loan helped a member to buy seed and fertilizer for her rice farm.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011