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Mrs. Hai Hean's Group
In this Group: Hai, Korng, Thun, Loem, Keov, Erm
This loan group which consists of six members is located in Khsom Village in Kandal Province. All the members are married and they plan to use the loan for different purposes. Mrs. Hai H. is the group leader and is a Khmer noodle maker.



In her business, she now faces a small problem because she does not have enough money to purchase sticky rice in order to make Khmer noodles. Thus, Mrs. Hai H. has decided to ask for a loan to buy more sticky rice for her business. Mrs. Hai H. is a 31-year-old widow with a child who is too young to work or study because that child is just two.

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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $36,207,750
    Funds lent in using Kiva
  • 4,064.6
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Hai Hean's Group's $775 loan helped a member to buy more sticky rice to make Khmer noodles to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 21, 2008
Listed
Sep 7, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009