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Prek Tanop I Group
In this Group: Sreymarch, Vony*, Chanthy*, Samon*, Phaly*, Sok, San, Pech, Somkhann, Touch, Phe, Som, Seng, San, Yy, Chanthy, Chom Nan, Sarom, Pom, Savin, Rheoun
* not pictured
This loan will be shared between 21 members of the Prek Tanop I Village Bank in Kandal Province. Mrs. Sreymarch Chheoum, age 33, is the Village Bank President and a farmer. She has two children who are students, but who are alS. looking for jobs to help support their family. Mrs. Sreymarch's husband is alS. a farmer, and between the two of them they earn around $9.00 per day. They will use their portion of this loan to buy fertilizer to help them with their crops, and will alS. buy food and pay for their children's education.

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
  • 85
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 3,902.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Prek Tanop I Group's $2,450 loan helped a member t pay for school fees, fertilizer and food.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 13, 2008
Listed
Feb 26, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2009