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Siem Thavery's Group
In this Group: Siem, Khom, Vang, Chan, Pich, Hun, Chan, Phorn
Mrs. Siem T. is nineteen years old, married and has a child who is just a year old. Her husband, Mr. Nhien Long, 26 years old, is an agri-machine driver. They live in K'am Samnar Leu village, Kandal province.


Eight people have formed a village bank and selected Siem T. as the village bank loan president. The members of this village will use their portions of the loan to support their different purposes.


Siem is a farmer who owns a 1-hectare rice field. Her husband also works on the farm. Siem, however, does not have enough money to grow her rice. So she has decided to ask for a loan to buy fertilizer and gasoline.

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
  • 113
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • 4,110.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Siem Thavery's Group's $900 loan helped a member to buy fertilizer and gasoline.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012