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Srey Mom's Group
In this Group: Srey Mom, Yun, Chhan, Nget
Mrs. Srey Mom C. is a group leader of four of whom all live in Phum Ty 8 village in Kampong Chhnang province. She is a vegetable seller in the local market. Since her business is doing well, she wishes to expand it by purchasing more vegetables to resell and thereby, earn more profits. Her husband, Mr. Un Pao, is a laborer. Mrs. Srey Mom C. is 22 years old and the mother of two children who are 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
  • 108
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 4,117.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Srey Mom's Group's $500 loan helped a member to buy vegetables to resell to earn more profits.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2009
Listed
Mar 1, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010