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Mrs. Sok Heang Village Bank Group
In this Group: Sok, Mon, Cheang, Prev, Soeurng, Sun, Samay, Soeurn, Chroeb, Srey Mom, Aev, Chroeb, Sae
This village bank loan, which consists of thirteen people, is located in Svay Village in Takeo province and all the members will use the loan for different purposes.

Mrs. Sok H. is the village bank president. She is a farmer who owns a small piece of land on which she cultivates rice. Her husband, Mr. Hean Pheap, is a fisherman. Aside from his fishing, he is also a construction worker. This couple does not have any children yet.

Although this couple tries to work hard, they still earn less income than needed to support the family living. Thus, Mrs. Sok H. decided to ask for a loan to buy two piglets to raise and pig feed.

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
  • 119
    View loans »
    Cambodia Loans Fundraising
  • $36,585,575
    Funds lent in using Kiva
  • 4,147.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sok Heang Village Bank Group's $1,375 loan helped a member to buy two piglets and pig feed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2009
Listed
Dec 10, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 7, 2011