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Anonymous Group
In this Group: Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous
Mrs. Savorn V., 52, is the village bank president selected by the twenty-five group loan members, located in Preak Ta Kaev village, Kandal province. With their loan, each member of this village bank hopes to increase his or her income and to improve the living standards of their families.

Mrs. Savorn V. is a groceR. seller in the local village while her husband, Mr. Pha Oem, is a motorbike taxi driver. With both occupations, they are able to earn a small income to support their family. In order to increase income and to expand the groceR. business, Mrs. Savorn V. will use the loan to buy more groceries to resell. This couple has five children who are all students and also help in their parents' businesses.

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
  • 235
    View loans »
    Cambodia Loans Fundraising
  • $37,058,050
    Funds lent in using Kiva
  • 4,194.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Anonymous Group's $3,975 loan helped a member to buy more groceries to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2012