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Mrs. Sokroeun Chheang Village Bank Group
In this Group: Sokroeun, Ty, Vai, Touch, Sokheang, Chantha, Deang, Hach, Sareth, Shina, Srey Pao, Som Roeun, Sinan
The village bank loan which consists of thirteen people is located in Ampil village in Kandal province and all the members will use the loan in different purposes. Mrs. Sokroeun C. is a village bank president and she is a farmer who owns a small piece of land to cultivate rice to earn for a living. Her husband, Mr. Mao Meourn, is a desert seller. Since this business is going well, he wants to expand it S. his wife decided to ask for a loan to buy a cart which it has been carried by a motorbike in order to travel the desert to sell for an income. Mrs. Sokroeun C. is 38 years old and the mother of three children who are all attending the 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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $35,860,325
    Funds lent in using Kiva
  • 4,151.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sokroeun Chheang Village Bank Group's $1,925 loan helped a member to ask for a loan to buy a cart which it has been carried by a motorbike in order to travel the desert to sell for an income.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2009
Listed
Oct 1, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010