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Mrs. Sambo So Village Bank Group
In this Group: Sambo, Hoeurn, Sok Horn, Ait, Sok Vy, Sdeung, Kimeang, Yoeurng, Sopheap, Mouyly
Mrs. Sambo S. is a village bank president, as selected by the ten members of this loan group. Kandaol village, in Takeo province, is where all members reside. They will use the loan to purchase supplies, equipment and other items to support themselves in different purposes. Mrs. Sambo S. is a farmer who owns 1.35-hectares of land to cultivate rice, which supports her family’s living. She is a widow with three children, one is a government worker, one is a laborer, while the third is attending a local public school. This family tries to work hard, however, they can earn little income because their field has infertile soil. In order to improve the land and support productive rice, Mrs. Sambo S. has decided to request a loan to buy fertilizers to support her farming.

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
  • 199
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 4,182.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sambo So Village Bank Group's $975 loan helped a member to buy fertilizers.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 23, 2010
Listed
Mar 8, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011