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Kun's Group
In this Group: Kun, Koem, Bo, Kork, Men, Morn, Ven, Tun, Doung, Dam, Dam, Soem, Nhem, Koem, Dam
This village bank loan consists of 15 members who are living in Damnak Sangkae village in Kandal province. This village loan selected Mrs. K. C., 52 years old, as the village bank president. Each member of this village will use their money for different purposes. Mrs. K. C. is a farmer who owns a two-hectare rice field that she uses to cultivate rice to sell to support her family. Currently she needs to harvest her crop, so she would like to ask for a loan to pay for farming laborers to harvest her rice. Her husband, Mr. Chum Sem, 58 years old, owns a truck that transports soil to sell. He also helps his wife with the farming. This couple has four children who all are students and support their parents businesses.

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
  • $35,436,925
    Funds lent in using Kiva
  • 4,035.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kun's Group's $2,775 loan helped a member to pay for farming laborers to harvest her rice.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012