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Kompong Kor I Group
In this Group: Reth, Sothun, Yeourn, Sok Ngim, Srey, Sokhom, Peourk, Sophearn, Srun, Yom, Phar, Kim Ly, Ya, Phala, Nan, Ny, Meng, Nai, Ourn, Srey Leng, Yong, Sieng
This is a loan which will be shared between twenty-two members of the Kompong Kor I Village Bank in Kandal Province. Mrs. Reth P., age 38, is the Village Bank President. She has two children who are looking for work, and now she and the Village Bank would like to request a loan in order to buy fertilizer, fuel, and hire a person to help her work in her rice field. AdditionalL., she would use the loan to buy pig food.

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
  • 101
    View loans »
    Cambodia Loans Fundraising
  • $35,504,725
    Funds lent in using Kiva
  • 3,927.6
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kompong Kor I Group's $3,350 loan helped a member buy fertilizer, fuel and pig food.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 4, 2008
Listed
Feb 18, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009