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Kat's Group
In this Group: Kat, Thi, Meng, Teng, Kea, Son, Sreng, Van, Chan
Mrs. Khat S. is 41 years old and is a villager who lives in Chong Preaek village in Kandal province. Mrs. Khat S. is tH. village bank president, having been selected by its nine members who all live in Chong Preaek village together.

Mrs. Khat S. is a farmer who owns a piece of land that sH. uses to cultivate rice. To support this farming, Mrs. Khat S. decided to ask for a loan to purchase fertilizer and pesticide for her rice. SH. plans to buy motorbike repair supplies for her husband's business with any remainder of tH. loan. Her husband, Mr. Choy Ny, is 52 years old and work as a motorcycle repairman who is able to earn some income to support his family. This couple has two children who are too young to study or work.

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
  • 188
    View loans »
    Cambodia Loans Fundraising
  • $36,987,750
    Funds lent in using Kiva
  • 4,210.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kat's Group's $725 loan helped a member to purchase fertilizer and pesticide to cultivate rice.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 21, 2010
Listed
Nov 5, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 27, 2011