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Mrs. Sokhom Vun Village Bank Group
In this Group: Sokhom, Voeurn, Pov, Sokvoeun, Tha, Kheng, Phalla, Khim, Mit, Phalla, Sok Keang, Kol, Tang Lay, Sokhorn, Mai, Sokha, Im, Seoung, Kim
This village bank, which consists of nineteen members. is located in Kampong Trea Village in Takeo Province. Each member plans to use the loan for different purposes. Mrs. Sokhom V. has been selected by the members to be the village bank president. She sells soup to earn income for her family. Since her business is doing well, she needs a loan to purchase more ingredients to make good soup for her customers. She will use the rest of money to buy a piglet to breedi. Her husband, Mr. Muon Ahn, is a hard-working man. Mrs. Sokhom V. is 45 years old and the mother of three children who are blacksmiths. Mr. Kol K. is not borrowing, but his wife is, so she appears in the picture instead of him.

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
  • 192
    View loans »
    Cambodia Loans Fundraising
  • $37,019,450
    Funds lent in using Kiva
  • 4,205.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sokhom Vun Village Bank Group's $2,450 loan helped a member to purchase soup ingredients and buy a piglet to breed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2009
Listed
Jul 29, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010