Check out some available loans that are similar to this one!
Mr. Song Shem's Village Bank Group
In this Group: Song, Nat, Phy, Sokha, Sat, Vy, Mak, Phous, Bunchoen, Leap, Soung, Ha, Thany, Savoen, Sovan, Srey No, Sophall, Pheak
Eighteen people living in Srae Ampil village in Kandal province comprise this village bank, and they will use the loan for various purposes. Mr. Song S. is the 49-year-old village bank president. He is a farmer who hires a plot of land from the other people to cultivate rice on. In this plantation, he has an obstacle because his field is infertile which has a bad to affect on his crop. In order to solve this problem, he decided to ask for a loan to buy fertilizer to support the field to make his crop more productive. His wife, Mrs. Chum Srey Neang, is a pig breeder. Mr. Song S. has eight children, two of whom are employed in a garment factory while five others are enrolled in the local school, and the remaining one is too young to work or study.

Four members in this group have end-of-term loans and the rest have monthly payment loans. End-of-term borrowers are not required to pay any principal on the loan until the very end of the loan term. End-of-term (EoT) loans are AMK’s main product because it is the most beneficial to Cambodia’s poor. It allows them to repay portions of the principal whenever they are financially able. Most clients start to make payments many months before the end of the loan term. Almost all of AMK’s clients 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
  • 258
    View loans »
    Cambodia Loans Fundraising
  • $37,529,700
    Funds lent in using Kiva
  • 4,134.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Song Shem's Village Bank Group's $2,275 loan helped a member buy fertilizer to make his crop more productive.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Apr 1, 2009
May 1, 2009
Currency Exchange Loss:
Apr 15, 2010