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Sun's Group
In this Group: Sun, Sok, Sok
S. H. is the leader of this group of three borrowers. She has three children, all of whom are in school. She is married to Sophea, 49, who has a public service job. S. H. has sold different kinds of vegetables (such as cucumbers, potatoes, mushrooms, and so forth) since 2000. She is a struggling mother and a responsible seller; she earns a good income from her business because her store is in the busy market. To meet her family's needs, S. H. wants to increase the income from this business. So she is asking for a loan to buy more vegetables for her store.

The other members of her group are:
H., 44, who sells vegetables in bulk to the sellers in the whole market. She is looking for a loan to invest in her business.
N., 49, who sells vegetables in retail. She is applying for a loan to renovate her store.

All three entrepreneurs live in Battambang Province.

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
  • 116
    View loans »
    Cambodia Loans Fundraising
  • $36,587,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Sun's Group's $850 loan helped a member to buy vegetables for her store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2009
Listed
Mar 7, 2009
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2010