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Nuon's Group
In this Group: Nuon, Nhel, Nou, Um, Soem, Mut, Nuon, Long, Kung, Sar, Kouv, Hem, Kong, Bouy, Chan, Leam, Toek, I, Nou, Nou, Sorn
There are 21 participants in this group loan, all residents of Akreiy Ksatr village in Kandal province. This village loan selected Mr. Nuon S. as the village bank president. Each participant will use his or her portion of the loan to support their own specific purpose.

Mr. Nuon S. is 42 years old and a farmer. He cultivates citronella grass for a living, but he lacks the money to farm. He is seeking a loan to buy citronella seeds and fertilizer to cultivate his crop. His wife, Mrs. Sun Huor, 43 years old, works as a cleaner for a company.

This couple has three children who are the students in the local schoO. and also support their parents' farming.

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
  • 232
    View loans »
    Cambodia Loans Fundraising
  • $37,057,650
    Funds lent in using Kiva
  • 4,060.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuon's Group's $3,400 loan helped a member to buy citronella seeds and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012