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Mrs. Sokhoeun Saing Village Bank Group
In this Group: Sokhoeun, Moek, Srey, Aun, Thavy, Rem, Kimsoeurn, Thy, Touch, Sophat, Vann, Taok, Nin, Pheang, Huy
This village bank loan has fifteen people who are villagers in Ta Ou Khang Cheung Village in Takeo Province. Mrs. Sokhoeun S. is a village bank president who has been selected by the group members, all of whom will use their loans for different purposes. She is a farmer who owns a plot of land where she cultivates rice to support her family. Her husband, Mr. Mos Sam, is a construction worker and also a fisherman. Although they work hard with their businesses, they do not earn enough income. Therefore, in order to improve her family's living conditions, Mrs. Sokhoeun S. decided to apply for a loan to start a new business by buying a cow for breeding. She is the mother of three children, two of whom are enrolled in a local public school, while the other is too young to attend school 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
  • 197
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • 4,145.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sokhoeun Saing Village Bank Group's $2,075 loan helped a member to buy a cow for breeding.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 4, 2010
Listed
Mar 17, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011