Check out some available loans that are similar to this one!
Mrs. Seom Som Village Bank Group
In this Group: Seom, Vanna, Sroy, Sokh Chea, Sokhem, Savy, Rin, Sreang, Leng, Vanna, Vanny, Kemseik, Sarim, Noy, Lieb, Channy
Sixteen people who are all living in Chong Koah Kor village in Kandal province is made up the village bank loan. Mrs. Seom S. is a village bank president who has been selected the members and they all will use the loan in different purposes. She is a pig breeder. Since her breeding pigs business is going well, she wants to expand it. Thus, she decided to ask for a loan to buy more piglets for breeding. Her husband, Mr. Pae Sao, is employed in an NGO in the local district. Mrs. Seom S. is 57 years old and the mother of a child who is employed in a garment factory. Mr. Rin R. does not come to take a loan but his wife is, so she is presented in the picture instead.

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
  • 234
    View loans »
    Cambodia Loans Fundraising
  • $37,057,450
    Funds lent in using Kiva
  • 4,155.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Seom Som Village Bank Group's $2,725 loan helped a member to ask for a loan to buy more piglets for breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2009
Listed
Nov 16, 2009
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010