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Ratha's Group
In this Group: Ratha, Bech, Mut, Nat, Mun
Mrs. Ratha M. is a group leader of five borrowers who all live in Damnak Key village in Kampong Chhnang province. She is a basket middleman and pig breeder. Since her business is going well, she wants to expand it by purchasing two more piglets for breeding to earn more income. Her husband, Mr. Neang Samnang, is a worker in the government department in the local district. Mrs. Ratha M. is 19 years old and the mother of a child who is too young to work or study.


All the members in this group loan have end-of-term loans so they are not required to pay any principal on the loan until the very end of the loans term. End-of-term (EoT) loans are AMK’s main product because they are the most beneficial to Cambodia’s poor. Such loans allows borrowers to repay portions of the principal whenever they are financially able to. Most clients start to make their payments many months before the end of the loan term. Almost all of AMK’s client make their payments on time. AMK has a delinquency rate of only 0.09% and AMK has a default rate of 0% on Kiva.

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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,181,550
    Funds lent in using Kiva
  • 4,125.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Ratha's Group's $325 loan helped a member to ask for a loan to buy two more piglets for breeding to earn more income.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 27, 2009
Listed
Mar 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010