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Savann's Group
In this Group: Savann, Saron, Sim, Oun
Mrs. Savann V. is a villager who lives in Roka village in Kandal province. She is 30 years old and the leader of group loan which consists of 4 members, offered by AMK.

Mrs. Savann V. is a tailor who can earn only a little income to support her family. She wants to expand this business. Thus she decided to ask for a loan to buy more fabric to make clothes for customers. With this loan she hopes to increase her income and improve her family's living conditions. Her husband, Mr. Sophal Sok, is a construction worker who can make a small salary to support his family. This couple has a child who is too young to study or work.

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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $35,860,325
    Funds lent in using Kiva
  • 4,193.6
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Savann's Group's $500 loan helped a member to buy more fabric to make clothes for customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2010
Listed
Mar 4, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010