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Morn's Group
In this Group: Morn, Noeurn, Yort, Chhum, Loy, Khuy, Sen, Teng, Chheng
This village loan group consists of nine people in Damrei Chhlang village, Kandal province. Mr. Morn M. is 40 years old and the group's president having been selected by it members. He is a mushroom farmer, and also owns a plot of land to cultivate vegetables while his wife, Mrs. Meas Chanthol, 36, works as seamstress in the garment factory. They are able to earn a good profit to support the family but do not have enough money to fix the tiles on their house so M. would like to ask for a loan to add his saving to buy the tiles. The couple has five children: one is mushroom farmer, one stays at home while the others are students in the local school.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 204
    View loans »
    Cambodia Loans Fundraising
  • $39,967,725
    Funds lent in using Kiva
  • 4,210.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Morn's Group's $1,300 loan helped a member to buy the tiles to fix his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 6, 2010
Nov 3, 2010
Currency Exchange Loss:
Nov 1, 2011