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Kit's Group
In this Group: Kit, Choy, Soth, Run, Run, Oem, Pat, Sreng, Phuong, Long, Yin, Neang, Kret, Nheok, Prem, Sorm, Neang, Pin, Ny, Em, Nguy, Soeng, Keo, Soy
Twenty-four people make up this village loan. They are located in Pou Thum village in Kandal province. This group selected Mrs. Kit C. as the village bank president. The members will each use their portion of the loan to support their different purposes.

Mrs. Kit C. and her husband, Mr. Praom Kimsan, are farmers who own one-hectare of land that they use to cultivate corn and vegetables for a living. For this farm, C. would like to ask for a loan to buy vegetable seed and corn seed to support her farming. She works very hard to support their two children, one of whom works in a restaurant and the other attends the local 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
  • 181
    View loans »
    Cambodia Loans Fundraising
  • $37,004,050
    Funds lent in using Kiva
  • 4,205.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kit's Group's $4,125 loan helped a member to buy vegetable seed and corn seed to support her farming.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2010
Listed
Nov 5, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 1, 2011