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Kdan Channary's Group
In this Group: Kdan, Mar, Uy, Hul
This group loan is made up of four members located in Preaek Ruessei village in Kandal province. Mrs. Kdan C. has been selected as the leader of the group loan. With the loans, each group member hopes to increase their income to improve their family's standard of living.

Mrs. C., 61, earns her living by renting her house. She also works as a farmer on her own plot of land where she cultivates vegetables. Her husband, Mr. Moek Hum, is 63 years old and works as a Buddhist priest in the pagoda. Since this month is rainy season, their house is flooded so they are requesting a loan to buy soil to fill in the front yard. The couple does not have any children.

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
  • 328
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 4,210.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kdan Channary's Group's $775 loan helped a member to buy soil to fill in the front yard.
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:
Sep 27, 2011