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Mrs. Meas Saven Group
In this Group: Meas, Sor, Pan, Chaem, In
This group, which is located in Sdaov Kanlaeng Village in Kandal Province consists of five people and Mrs. Meas S. is the group leader who has been selected by the members. She owns a small restaurant. from which she sells soup to people in the local village. Since her business is going well, she wants to expand it, so she has decided to ask for a loan to buy more ingredients in order to cook delicious soup for her customers. Mrs. Meas S. is a 61-year-old widow with two children, one of whom is employed in a garment factory, whilst the other is a driver in Phnom Penh.

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
  • 176
    View loans »
    Cambodia Loans Fundraising
  • $35,790,325
    Funds lent in using Kiva
  • 4,143.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Meas Saven Group's $725 loan helped a member to buy more ingredients in order to cook delicious soup for her customers.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 30, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009