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Phan's Group
In this Group: Phan, Chek, Shim, Sok, Phan, Moeung, Song, Saing, Nem, Sor, Shem, Soy, Noun, Saray, Phan, Nuon, Hai
This village bank loan consists of 17 members who are located in Srei Snam village in Kandal province. Mrs. Phan A. is 46 years old, married, and has six children, three of whom attend school. She was selected to be the president of the village bank by the other members. She and her husband, Mr. Sorn Sae, earn a living with their rice mill machine. Since this business is doing well, Mrs. Phan A. is requesting a loan to purchase more rice to mill in order to expand her business. In addition to this business, she also breeds pigs. With both of these businesses, they are able to to support their family.

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
  • 79
    View loans »
    Cambodia Loans Fundraising
  • $41,806,325
    Funds lent in using Kiva
  • 4,040.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Phan's Group's $3,200 loan helped a member to purchase more rice to mill.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 21, 2011
Feb 9, 2011
Currency Exchange Loss:
Feb 25, 2012