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Mrs. Sinuon Uk Village Bank Loan Group
In this Group: Sinuon, Vandy, Pov, Ek, Sun Ly, Sokim, Saret, Yat, Ai, Sam On, Yet, Srei Mom, Aun, Phorn, Sovann, Phoeun, Sabay, Phoeun, Dang, Eung
The Mrs. Sinuon U. Village Bank Loan Group is made up of 20 people located in the Tuol Trea village in TaK. Province. All of the members will use the loan for different purposes. Mrs. Sinuon U. is the village bank president. She is a farmer who owns a small piece of land to cultivate rice for a living. Her husband, Mr. Suong Veasna, is a fisherman. In these two businesses, Mrs. Sinuon U. faces problems because her rice field is infertile soil so it has affected her crop. Thus, she decided to ask for a loan to buy more fertilizers to support the field to make her crop more productive. She will use the rest of her loan to buy a boat for her husband's business. Mrs. Sinuon U. is 30 years old and the mother of three children, two of whom are attending the local school while the other is only 3 years old so is still too young to work or study. All the group loan members are presented in the picture but most of them are blocked.

Seventeen members in this group loan are end-of-term loans and the rest have monthly payment loans. They are not required to pay any principal on the loan until the very end of the loan term. End-of-term 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
  • 257
    View loans »
    Cambodia Loans Fundraising
  • $38,106,725
    Funds lent in using Kiva
  • 4,250.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sinuon Uk Village Bank Loan Group's $2,875 loan helped a member to buy fertilizer to make her crop more productive.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 24, 2009
Aug 10, 2009
Currency Exchange Loss:
Aug 15, 2010