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Mean's Group
In this Group: Mean, Nget, Mith, Ma Noeun, Chek, Ploch, Met, Aem, Sina, Yim, Sory, Vuth
This village loan consists of 12 people located in Kanlaeng Khla village in Takeo province. Mrs. Mean T. is the village bank president. She was selected by the members. With the loan, they hope to increase their income to improve their families' standard of living.

Mrs. Mean T. is a farmer who owns a plot of land to cultivate rice for a living. Her husband, Mr. Tonh K., is a construction worker and he also helps his wife on the farm. In order to increase their income, Mrs. Mean T. decided to ask for a loan to buy piglets to breed. She will use the rest of the loan to pay for farm labor. This couple has two children who are construction workers.

One of the group members is blocked in the picture.

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
  • 320
    View loans »
    Cambodia Loans Fundraising
  • $37,579,275
    Funds lent in using Kiva
  • 4,260.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mean's Group's $2,075 loan helped a member to buy piglets and pay for farm labor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 29, 2011