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Khat's Group
In this Group: Khat, Heng, Sok, Sim
Mrs. Khat M., a 40-year-old married woman, is the group leader of this loan, having been selected its by four members, all of whom are residents of Preaek Ruessei village in Kandal Province. Each member of this group will use their portion of the loan for a different purpose.



M. and her husband, Mr. Hout Thall, earn their living by selling fast food in the local village, making good profits that enable them to support their three children, all of whom are students in the local school and also helpers in their parent business. In order to increase income to improve the family living standards, M. decided to ask for a loan to buy more ingredients to expand her fast food enterprise.

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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 4,210.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khat's Group's $775 loan helped a member to buy more ingredients to expand her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2010
Listed
Nov 3, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 1, 2011