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Leab's Group
In this Group: Leab, Uong, Oem, Pheng, Sem, Nguon
This group loan consists of six members. Mrs. Leab was born in 1976, and she is the village bank president. She was selected to be the village bank president by the other members. Each member of this group will use their money to support their different purpose.
She and her husband, Mr. Mey, are farmers who own a 2.50-hectare plot of land which they use to grow rice. This couple has three children: two attend the local school and the youngest one is 5 years old and not in school yet. They want to cultivate rice in the dry season, but they do not have enough money to grow it. Thus, Leab would like to ask for a loan to support her farming.

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
  • 307
    View loans »
    Cambodia Loans Fundraising
  • $37,569,750
    Funds lent in using Kiva
  • 4,030.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Leab's Group's $1,125 loan helped a member to support farming.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012