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Meam's Group
In this Group: Meam, Phen, Reach, Sok
This group loan consists of four people located in Thmei village, Kandal province. This group selected Mrs. Meam L., 58-years-old, as the group leader. Each member of this group will use their portion of the loan to support their different purpose.

Mrs. Meam L. works as an assistant at the commune where she can receive a little salary to support her family. With her job, she needs a computer, but she does not have enough money to buy it. So, she would like getting a loan to buy a computer to support her job activities. Her husband, Mr. Long Siphann, stays at home. This couple has two children: one is a seamstress in a garment factory and another is employed in the casino club.

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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $35,126,200
    Funds lent in using Kiva
  • 4,060.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Meam's Group's $750 loan helped a member to buy a computer to support her job activities.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2010
Listed
Nov 11, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 30, 2011