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Kev's Group
In this Group: Kev, Seng, Nhem
Kev is the leader of this group with three members. She is a 68-year-old single woman who lives in Kompong Chhnang province.

Kev is a rice cultivator. She also owns a store and earns a living by selling bananas that are bought from the local area. From this business, she can earn around US$2 daily.

Kev is requesting a loan from Kiva in order to to purchase mineral fertilizers to spread on her farmlands. With the rest of the funds, she’ll use it to buy additional bananas for selling. In the future, Kev hopes to run her business smoothly and maximize profit.

Additional Information

About HKL

Hattha Kaksekar Limited is one of the largest and most successful microfinance institutions (MFIs) in Cambodia. The organization provides microfinance services to the poor, particularly women, in urban and rural areas. Kiva lenders’ funds will be used to expand the outreach of HKL’s financial services to a greater number of clients in rural areas of Cambodia.

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
  • 193
    View loans »
    Cambodia Loans Fundraising
  • $36,978,250
    Funds lent in using Kiva
  • 4,085.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kev's Group's $750 loan helped a member buy fertilizers for her farm and bananas to resell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2011
Listed
Nov 2, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012