Sdao Kanleng Ii Group
Mrs. Hun is a grocer in a local village and also a farmer. Her husband, Chhin Roth, is a construction worker and he cA. earn around $3 each dA.. Mrs. S. Hun is married with six children, three of whom are working in a garment factory. Two work as construction foremen, and the other one is enrolled in a local school. Mrs. SoA. Hun cA. generate about $2.50 in income per dA.. Thus, she would now like to request this loA. to buy more fertilizer in order to help her farm produce a better crop.
About AMKAngkor 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.
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Success!! The loan was 100% repaid