Check out some available loans that are similar to this one!
Prak's Group
In this Group: Prak, Prak, Khoem, Prak
Four members, who live in Svay village in Takeo province, make up this group loan. Mrs. Prak L., age 30, is the group leader selected by the other members. Each will use their portion of the loan for various goals.

Mrs. Prak L. is a congee (rice porridge) and Khmer noodle seller in her village. She is able to earn a large profit to support her family. She also raises some pigs. Her husband, Mr. Saret Khoem, is a farmer who owns a 0.2-hectare plot of land to cultivate rice to sell and he is also a construction worker. She is the mother of two children who are both too young for school. Her problem is that her home is uncomfortable to live in, but she does not have enough money to make improvements. Therefore, Mrs. Prak L. is requesting a loan to fix her home.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 261
    View loans »
    Cambodia Loans Fundraising
  • $37,524,925
    Funds lent in using Kiva
  • 4,195.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Prak's Group's $250 loan helped a member to fix her home.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 2, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 7, 2011