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Mai's Group
In this Group: Mai, Phat, Leakhena, Nary, Sinith, Chroeb, Sam Ol, Sareom, Lang, Sothun, Pheang, Sophea, Mach, Souphorn, Socheth, Chanra, Chanthou, Ya, Bunthon, Chendeurn, Lon
This village loan, which consists of twenty-one people, is located in Popeal Khae village in Kandal province. Mrs. Mai S. is 39 years old and is the village bank president who has been selected by the members. Each member of this village loan will use it to support their different purpose.

Mrs. Mai S. is a seamstress in a garment factory where she earns a small salary to support her family. In order to increase her income to improve her family’s living conditions, she is now requesting a loan to buy vegetables to resell. With her new business, she hopes her family living conditions will improve and be better than before.

Mrs. Mai S. is a widow with two children: one is a farm laborer while the youngest one is 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
  • 264
    View loans »
    Cambodia Loans Fundraising
  • $37,517,900
    Funds lent in using Kiva
  • 4,200.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mai's Group's $3,350 loan helped a member to buy vegetables to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 7, 2011