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Mrs. Sri Kurn Village Bank Group
In this Group: Sri, Sophal, Vibol, Chheng, Sa, Srorn, E, Kimthoen, Sokphann, Sok, Yee, Mab, Srey Mab, Men, Touch, Chansi, Much
Village bank president Mrs. Sri K. leads a group of 17 people, located in Kandal province. The members will use the loan for different purposes. Mrs. Sri K. is a grocer in the local market. Although she tries to work hard with her business, she still doesn't earn enough income to support her family. In order to increase and expand her business, Mrs. Sri K. is asking for a loan of 800,000 Riel from AMK to buy more fish. With the rest of the loan, she will support her grocery business. Mrs. Sri K. is 57 years old. She is a widow with a child who is a student in the local school. Mrs. Sreynuch C. is a group guarantor of this village bank, so she is presented in the photo.

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
  • 242
    View loans »
    Cambodia Loans Fundraising
  • $37,076,725
    Funds lent in using Kiva
  • 4,155.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sri Kurn Village Bank Group's $2,475 loan helped a member to buy more fish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 24, 2009
Listed
Jan 21, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011