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Prek Svay Ii Group
In this Group: Nem, Chin, Sokean, Thorn, Navy*, Sros*, Somrhat, Konthea, Sovanry, Sunny, Savorn*, Somrhat*, Long, Sothea, Bonthoeurn, Kimseng, Sokrhim, Honthy
* not pictured
All of the people in the picture are the borrowers from the Prek Svay II Village Bank in Kandal Province. Mr Nem N., 45, is a farmer and banana seller and also the Village Bank president. He is married with four children; three work in the factory near his house and one is a student. He would like to request a loan of $2800 in order to buy a pig as well as more bananas to sell.

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
  • 264
    View loans »
    Cambodia Loans Fundraising
  • $37,494,750
    Funds lent in using Kiva
  • 3,872.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Prek Svay Ii Group's $2,800 loan helped a member to purchase a pig and more bananas to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 24, 2008
Listed
Mar 6, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009