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Mrs. Sopheng Pok Village Bank Group
In this Group: Sopheng, Then, Som, Savang, Srey, Shina, Chinda, Chea, Sambath, Shina, Sambat, Phai, Kan, Leng, Sopheap, Leakna, Sovorn, Sor, Samon
Nineteen people who live in the Ta Reab Doun Sar village in Kandal make up this village bank loan. Sopheng P. was selected by the members to serve as bank president.

They will use their individual loans for different purposes. Sopheng is a good housewife. Her husband, Dun Narith, is employed with a company. The couple has five children who are enrolled in the local schoO..

They face an obstacle because they do not have enough money to buy study materials for their children. In order to deal with this problem, Sopheng decided to ask for a loan.

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
  • 318
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 4,155.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sopheng Pok Village Bank Group's $3,025 loan helped a member buy study materials for their children.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010