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Khon's Group
In this Group: Khon, Saroeun, Seun
Mrs. Khon S. is the leader of this group loan. All three entrepeneurs live in Sarikakeo Commune in Kandal Province, Cambodia.


Mrs. Khon S. is 43, and she goes throughout her village selling fish that her husband caught. Mrs. Khon S. also takes cares of her seven children. Two children help with the family's income by fishing and decorating houses for ceremonies or wedding parties. Mrs. S.'s husband, Mr. Mach Kheav, is 42, and has always been a fisherman. Khon requests a loan of $300 to purchase fishing nets, and a second-hand fishing boat for her husband.


Mrs. Saroeun C. is 56 years old, and a rice farmer. She requests a loan for $300 to purchase fishing equipment.


Mrs. Seun S. is a 55-year-old widow. She makes mats and sells them from home. Seun requests a loan of $300 to purchase the raw materials to make mats.

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
  • 103
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Khon's Group's $900 loan helped a member purchase fishing nets and a second-hand boat for fishing.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2008
Listed
Nov 17, 2008
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2009