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Nhe's Group
In this Group: Nhe, Thav, Khem, Phay, Heang, Nheb, Soung, Yan, Chhay, Ly, On, Meth, Kong, Nuon, Man, Kong, Siek, Hol, Oeun, Chheun, Khiev
This village bank loan consists of twenty-one members who will use their portions of the loan to support their different purposes. The members selected Mrs. Nhe as village bank president.

Nhe is a farmer who owns plot of land where she grows rice for a living. She is also a rice middleman, earning a small income to support her family. Since her business is going well, she wants to expand it. Thus, she decided to ask for a loan to buy more rice to enlarge her business. Nhe is a widow with a child who is also a rice middleman and who helps with Nhe's business.

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
  • 270
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,005.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nhe's Group's $2,800 loan helped a member to buy more rice.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 30, 2012