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Prum's Group
In this Group: Prum, An, An, An
This group loan is formed by four members living in Svay Pom Trang village in Kandal province. The group selected Mr. PrumV., 43 years old, as the group leader. The members of this village loan will use their portions of the loan to support their different purposes.

Mr. PrumV. is a farmer who owns a plot of land which he uses to cultivate bananas and papayas for a living. In order to grow this farm, Mr. PrumV. would like to ask for a loan to buy fertilizers. His wife, Mrs. Hor Kimsoeun, 56 years old, sells the fruits to support the family. This couple has a child who is also a farmer.

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
  • 196
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • 4,034.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Prum's Group's $500 loan helped a member to buy fertilizers to cultivate bananas and papayas.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011