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Il's Group
In this Group: Il, Youk, Hing, Sin, Vong

This is a small borrowing group of 5 members and Mrs. S. is the group leader. Il S., 28, is tailor from her house in Romchek 1 Village. She has a small store and runs her tailoring business to make modern clothes and custom orders. Il is able to earn $2.80 per day. She is married with one child. Her husband is motorcycle taxi driver. To increase the amount of clothes produced and satisfy her customers, Il is requesting a loan to purchase more fabrics to use for her business. The other four members of the group are:



Mrs. Youk H., 48, is Khmer rice cake seller and is requesting a loan to expand her business.



Mrs. Hing C., 35, is grocery seller and she is requesting a loan to use for her husband's business.



Mrs. Sin K., 37, is a carpenter and is requesting a loan to use for her business.



Mrs. Vong K., 45, is church staff member and is requesting a loan to use for her husband's business.

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
  • 308
    View loans »
    Cambodia Loans Fundraising
  • $37,561,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Il's Group's $1,200 loan helped a member to purchase more fabric to use for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2008
Listed
Dec 14, 2008
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2009