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Mrs. Sao Ly Touch Village Bank Group
In this Group: Sao Ly, Mak, Sambou, Kun Thos, Pov, Yoeun, Chin, Sokhorn, Srey, Thoeun, Thavy, Sokhon, Pring, Samith, Sokhom
Mrs. Sao Ly T. is 28 years old and she is the village bank president. This village bank loan consists of fifteen members who will each use the loan for a different purpose. They all live in Snuol Khpos village in Takeo province.

Mrs. Sao Ly T. is a silk weaver and her husband, Mr. Pan Nea Buon, is a farmer who owns a plot of land on which he grows rice. He is also a laborer who is able to make a small income to support the family living.

This family now faces a problem because Mrs. Sao Ly T. has insufficient money to buy silk. Thus, she decided to request a loan to buy silk for weaving to increase her income. This couple has two children who are studying at the local public 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
  • 191
    View loans »
    Cambodia Loans Fundraising
  • $37,030,850
    Funds lent in using Kiva
  • 4,154.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sao Ly Touch Village Bank Group's $1,700 loan helped a member to buy more silk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2009
Listed
Jan 12, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011