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Mrs. Sothim Poa Village Bank Group
In this Group: Sothim, Sokhom, Rumchek, Chea, Theavy, Sarith, Vanny, Sovann, Yun, Sivorn, Chanthy, Sokha, Romchang, Saophorn, Chanthy, Saroen, Channak, Sreyphea, Soeung, Sopheak
This village bank loan consists of twenty members who are located in Liek village in Kandal province. Each member will use the loan for a different purpose.

Mrs. Sothim P. is the village bank president. She is 45 years old and the mother of three children, two of whom are working in a garment factory and the other is studying at the local public school. Mrs. Sothim P. is a housewife and her husband, Mr. Vean Gneab, is a construction worker.

Although her husband tries to work hard, he still earn less income than needed to support the family so Mrs. Sothim P. decided to ask for a loan to buy a thousand kilograms of rice for eating.

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
  • 91
    View loans »
    Cambodia Loans Fundraising
  • $35,461,125
    Funds lent in using Kiva
  • 4,154.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sothim Poa Village Bank Group's $3,325 loan helped a member to buy a thousand kilograms of rice for consumption.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2009
Listed
Jan 19, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010