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Tann's Group
In this Group: Tann, Ith, Say
This is a small group of three people who are requesting a loan through Kiva. Mrs K., 48, is the group leader of two eligible members.

K. sells porridge in her area of Andongchenh village. She earns around $2.50 per day while her husband earns $3.20 per day working for a mobile phone company.

Her business is going well because her area is a crowded place and she sells along a road that passengers can see easily.

She has five children, one of whom is married. One single son is employed as a driver and can earn $100 per month. He also helps support the family.

To expand her business, K. is requesting a loan to purchase ingredients and repair her store to make it bigger.

The other two members of the group are:

- Mrs. C., 51, is a used-clothes seller. She needs a loan to buy more clothes to sell.
- Mrs. Sinoun, 32, buys and sells recyclables. She needs a loan to use as capital for purchasing more recyclables.

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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,596,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Tann's Group's $850 loan helped a member to purchase cooking ingredients and to repair her store and make it bigger.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2009
Listed
Jan 12, 2009
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2009