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Shi's Group
In this Group: Shi, Mol, Khom, Sam Ol, Torn, Roem, Eang, Moa, Som, Sopheak, Neang, Senghun, Sthea, Samarth, Phea
Mrs. Shi K., age 47, was selected as the village bank president by the fifteen members of this village loan. They are located in Tranh village in Kandal province. Each member of this group will use their portion of the loan to support their different businesses.

Mrs. Shi K. is a farmer who owns a plot of land that they use to cultivate rice for a living. She will use the loan that she requested from AMK for this farm, to buy fertilizer, and pesticide to cultivate rice. Her husband, Mr. Yorn Yang, is a laborer, and is able to receive a small salary to add to his wife's savings to support the family. This couple has a child, who is a student in the local public school.

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
  • 124
    View loans »
    Cambodia Loans Fundraising
  • $36,181,550
    Funds lent in using Kiva
  • 4,194.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shi's Group's $2,350 loan helped a member to buy fertilizer and pesticide to cultivate rice.
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:
Sep 1, 2011