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Pech's Group
In this Group: Pech, Son, Kuon, Srey, Yoem, Mann, Bin, Sun, Prooeung, To, Khut, Chan
Twelve people have formed a village bank loan. They are located in Roung Kou village in Kandal province.

Mrs. P. K. was born in 1966 and is the village bank leader. She was selected to be the leader by the other members. She is a widow with five children. Three are seamstresses in the garment factory, one is Khmer cake seller, and the last one is a student in the local school. She earns her living by selling meatballs and sugar cane. With her business, she is able to earn a small income to support her family. Currently, her family living doesn’t have water at their home. So P. K. is asking for a loan to dig a well.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 169
    View loans »
    Cambodia Loans Fundraising
  • $35,963,100
    Funds lent in using Kiva
  • 4,020.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Pech's Group's $1,400 loan helped a member to dig a well.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 4, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012