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Lee's Group
In this Group: Lee, Van, Vanna, Siv Leang, Mao, Som Art, Mak, Sophus, Hor, Theany, Srey Neth, Sokuthea, Sopheap, Vanda
This village loan group, which consists of fourteen people, is located in Koh Krabei Village in Kandal Province. Mrs. Lee S. is 56 years old. She was selected by the group members to be the village bank president. The members of this village loan group will use their portions of the loan to purchase supplies, equipment, and other items to support their different businesses.

Mrs. Lee S. and her husband, Mr. Chan Thorn BU., sell bananas and flowers. With this business, they can earn a small income to support their family. To support this business, Mrs. Lee S. decided to ask for a loan to buy more bananas and flowers to enlarge her business. This couple has four children. One child is a laborer in Malaysia. The other three are students and also supports their parents' business.

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
  • 155
    View loans »
    Cambodia Loans Fundraising
  • $35,792,525
    Funds lent in using Kiva
  • 4,175.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Lee's Group's $2,600 loan helped a member to buy more bananas and flowers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011