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Menghor's Group
In this Group: Menghor, Hean, Pov, Muy
Mrs. MengH. H., 41, sells fish in the Khpop market. Her husband, Mr. Yung Choum, 48, sells fish by transporting it to customers' home, and earns US$3.00 per day. They live with their nine children. MengH. would like to request a loan of US$350 to purchase more fish to sell. MengH. is the group leader of three members as following:
Mrs. Hean S., 54, a house wife. She would like to request a loan of US$350 to purchase a cart for her children to transport groups of tourists across the Cambodia and Thailand border; Mrs. Pov R., 59, sells fritters. She would like to request a loan of US$350 to add more business capital. The loan will increase her incomes to support her family's living payment adequately; Mrs. Muy C., 53, requests a loan of US$350 to stock more vegetable to sell. They live in Prek Loung Commune, Siem Reap Province.

Additional Information

About HKL

Hattha Kaksekar Limited is one of the largest and most successful microfinance institutions (MFIs) in Cambodia. The organization provides microfinance services to the poor, particularly women, in urban and rural areas. Kiva lenders’ funds will be used to expand the outreach of HKL’s financial services to a greater number of clients in rural areas of Cambodia.

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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $35,126,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Menghor's Group's $1,400 loan helped a member to purchase more fish to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 9, 2008
Listed
Sep 24, 2008
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2009