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Kheng's Group
In this Group: Kheng, Chanthy, Nai, Chek
This group loan has four people who live in Boeng Leu-I village in Kandal province. They will each use their loan for different purposes that will improve their businesses in the future. Mrs. Kheng S. is the group leader who has been selected by all the members.

Mrs. Kheng S. owns a general store and also sells fish. Since her business is going well, she wants to expand it. Therefore, Mrs. Kheng S. is asking for a loan to buy more fish to resell. Her husband, Mr. Kak Heu Kry, is a farmer who owns ten-hectares of land and grows crops to sell to support the famiL.. Through this activity, the couple supports three children. Two of the children attend the local public school and the youngest is a year 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
  • 104
    View loans »
    Cambodia Loans Fundraising
  • $35,502,525
    Funds lent in using Kiva
  • 4,180.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kheng's Group's $775 loan helped a member to buy more fish.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011