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Mr. Men Kchey Group
In this Group: Men, Kam, Nun, Soun, Sron
This group loan consists of five people living in Khsom Village in Kandal Province who plan to use the loan for various purposes. Mr. Men K., a house constructor, is the group leader while his wife, Mrs. Phon Nhorn, owns a small grocery store in the local village. They have five children, one a garment factory worker, three construction workers, and the youngest a student.



Although Mr. Men K. and his wife have different businesses, they still live in an old house in poor conditions. In order to improve the family’s standard of living, Men is requesting a loan to add to his savings to build a new house.

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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 4,075.2
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Men Kchey Group's $725 loan helped a member to add to his savings to build a new house.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 10, 2008
Listed
Sep 26, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009