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Khem's Group
In this Group: Khem, Sombo, Sok, Sun, Yán, Khat, Som, Khorn, Khán
This village bank loan consists of nine members; they are located in Chek village in Kandal province. This village selected, Mr. Khem K., 51 years old, as the village bank president. The members of this village hope that, they will increase their income to improve the family by these loans.

Mr. Khem K. and his wife, Mrs. Keom Hong, are farmers who own a plot of land to cultivate rice for a living. With this faming, Mr. Khem K. would like to ask for a loan to buy rice seeds, fertilizers and gasoline to support his farming crop. This spouse has a child who is attending in the local school.

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
  • $37,058,050
    Funds lent in using Kiva
  • 4,030.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khem's Group's $1,350 loan helped a member to ask for a loan to buy rice seeds, fertilizers and gasoline to support his farming crop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2010
Listed
Jan 11, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 1, 2012