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Muong's Group
In this Group: Muong, Taom, Muong, Sek
Mrs. Muong K. has been selected as group leader by the four members of this group loan in Thnoas village in Takeo province. Each will use their portion of the loan in varied ways to improve the standard of living of their families.

She and her husband, Mr. Set Phouch, are farmers who own a half-hectare plot of land where they cultivate rice to sell to earn a living. Mr Set Phouch is also a fisherman and farming laborer. Although they work hard, their income is low. To improve their situation, Mrs. Muong K. is asking for a loan to buy piglets, chickens, and chicken food for breeding to start a new business. This couple does not yet have children.

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
  • 87
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 4,040.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Muong's Group's $350 loan helped a member to buy piglets and chickens for breeding.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 14, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 27, 2011