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Anonymous Group
In this Group: Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous
Twelve people who all live in Boeng Tras village, in Kampong Cham province formed this village bank loan group. They will use the loan for a variety of purposes and Mrs. Saveth M. is the village bank president. She is a farmer who owns a plot of land to cultivate rice. In this plantation, she faces an obstacle because she does not have enough money to hire labors to work in the field. She has decided to ask for a loan for this purpose. Her husband, Mr. Um Bory, is a fisherman. Mrs. Saveth M. is 32 years old and the mother of four children, two of whom are attending the local school while the others are still too young to work or study.

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
  • 242
    View loans »
    Cambodia Loans Fundraising
  • $37,096,850
    Funds lent in using Kiva
  • 4,097.4
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Anonymous Group's $1,725 loan helped a member to hire laborers to work in the field.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 6, 2009
Listed
Feb 1, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2012