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Mrs. Soeun Shin Village Bank Group
In this Group: Soeun, Than, Sareth, Phorn, Phen, Vy, Savoen, Sary, Arth, Chantha, Sangha, Sali, Thuy, Kung, Savoen, Sambath, Sophorn, Koeun
This village bank consists of 18 people located in Khsom village and they will use the loan for different purposes. Mrs. Soeun S. is the village bank president selected by the members. She is a housewife who cooks delicious food for her family. Her husband, Mr. C. Sru, is a fisherman who fishes in the lake in the village. He catches few fish because he has insufficient fishing equipment. To solve this problem, Mrs. Soeun S. decided to ask for a loan to buy fishing nets and fishing tools for her husband's business. Mrs. Soeun S. is 56 years old and the mother of five children, one of whom is assisting his father and another is employed in a garment factoR..

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
  • 329
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 4,150.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Soeun Shin Village Bank Group's $2,625 loan helped a member to buy fishing nets and fishing tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2009
Listed
Jun 25, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010