Check out some available loans that are similar to this one!
Mrs. Kim Heng Sokh Village Bank Group
In this Group: Kim Heng, Na, Chanthoen, Shim, Kini, Sokh Chea, Saophea, Sophall, Navy, Da, Kheon, Sophea, Thy Da
Mrs. Kim Heng S. is a village bank loan group president who has been selected by the members. The group using the loan consists of thirteen people located in Preak Svay village, in Kandal province. Mrs. Kim Heng S. is a vegetable seller in the local market and her husband, Mr. Vatey Vagn, is a mechanic in the village. They earns a small income and allthough this family works hard with their business, they do not earn sufficient income to properly support the family.

Thus, Mrs. Kim Heng S. decided to ask for a loan to buy more vegetable and pork to re-sell. The rest of the loan she would like to use to buy some supplies to repair motorbikes.

This couple has four children, three of whom are attending a local public school, while the other is too young to attend school or work. All the members of the loan group are shown in the picture.

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
  • 309
    View loans »
    Cambodia Loans Fundraising
  • $37,561,025
    Funds lent in using Kiva
  • 4,160.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Kim Heng Sokh Village Bank Group's $2,475 loan helped a member to buy some supplies of parts and material to repair motorbikes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2010
Listed
Feb 11, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011