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Simon's Group
In this Group: Simon, Sok, Phon, Neang, Khly, Khimky
Six members of a group loan live in Prey Chheu Teal village in Takeo province. Mrs. Simon M. is the group leader as selected by the other members who will each use their portion of the loan for different purposes.

Mrs. Simon M. is 29 years-old. She is a farmer who owns a plot of land where she cultivates rice to sell to support her family. She also sells chickens at her local market. Since her business is going well she plans to expand. In order to improve her business, Mrs. Simon M. is applying for a loan to buy more chickens to resell. Her husband, Mr. Sophorl Phoeurn, is a motorbike taxi driver. She is the mother of three children who all attend local public school.

All the members of the group are in this photo, but the face of one is blocked by another member.

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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $36,587,375
    Funds lent in using Kiva
  • 4,200.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Simon's Group's $575 loan helped a member to buy more chickens to resell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011