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Lorn's Group
In this Group: Lorn, Man, Hay, Yet, Thoum
Five people make up this group loan. Mrs. Lorn, who was born in 1961, was selected to be the group leader B. the others members.

She and her husband, Mr. Cheam, make and sell Khmer cakes to support their family.

This couple has four children. One is a goldsmith, one is a Khmer cake seller, and the other two are students.

In order to improve the family’s condition, Mrs. Lorn would like to ask for a loan to buy more rice and Khmer cake supplies to enlarge her business activities.

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
  • 214
    View loans »
    Cambodia Loans Fundraising
  • $37,046,750
    Funds lent in using Kiva
  • 3,998.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Lorn's Group's $850 loan helped a member to buy more rice and Khmer cake supplies to enlarge her business activities.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2011
Listed
May 4, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012