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Som's Group
In this Group: Som, Thav Ry, Sambath, Seang Ly, Phanny, Nga, Arth, Som Nang, Leang, San, Vanna*, Sopheap, Trab, Keav, Phorn, Leang Hy, Sareth
* not pictured
Mrs. Som T. is 35 years old, and she is the village bank president for a group that consists of 17 people located in Chong Kaoh village in Kandal province. She and her husband, Mr. Yon Kin, are farmers who own a 2-hectare field to cultivate rice on. They now face a problem because their field does not have enough water to support their crops. Thus, Mrs. Som T. needs the loan amount of 400,000 Riel from AMK to buy gasoline to run her pump. Mrs. Som T. is the mother of two children who both are students 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
  • 193
    View loans »
    Cambodia Loans Fundraising
  • $36,965,175
    Funds lent in using Kiva
  • 4,155.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Som's Group's $1,925 loan helped a member to buy gasoline.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 24, 2009
Listed
Jan 20, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010