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Sokhorn's Group
In this Group: Sokhorn, Thun, Born, Oun, Thyda
Mrs. Sokhorn Y. is 47 years old and lives in Sambour village in the Takeo province. She is a group leader of five people who will all use the loan for different purposes. Mrs. Sokhorn Y. and her husband, Mr. Thoeurn Thuch, are farmers who own a 1-hectare field to cultivate both rice and vegetables. In this farm, Mrs. Sokhorn Y. now faces a small problem because her field has a lot of insects; thus, she is requesting a loan to buy pesticides to kill all the insects. She will use the rest of the loan to buy gasoline for her watering machine. This couple has a child who is a student in the local 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
  • 202
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 4,155.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sokhorn's Group's $675 loan helped a member to buy pesticides and to buy gasoline for her watering machine.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2009
Listed
Jan 13, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010