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Mrs. Srey Mom Sorn Village Bank Group
In this Group: Srey Mom, Phally, Bunthy, Chantha, Bopha, Ean, Sopheap, Eang, Yeoun, Chinda, Ouk
This village bank group consists of eleven people who all live in Sdao Kanleng village in Kandal province. Mrs. Srey Mom S. is the village bank president selected by the members. She is a housewife and her husband, Mr. Sim Roeun, is a construction worker. Although her husband works hard, he still does not earn sufficient income and now faces the problem of not owning a source of fresh water for his family to access. Thus, Mrs. Srey Mom S. has decided to ask for a loan to dig a well for her family’s use. She is 29 years old and the mother of two children, one of whom is employed in a garment factory while the other is enrolled in a local school.

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
  • 64
    View loans »
    Cambodia Loans Fundraising
  • $35,048,100
    Funds lent in using Kiva
  • 4,125.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Srey Mom Sorn Village Bank Group's $1,575 loan helped a member to dig a well for her family’s use.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2009
Listed
Oct 1, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2010