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Sokhoen's Group
In this Group: Sokhoen, Sokhuon, Sek, Phoeun
This group loan has four people in it, and they all live in Preak Traeng village in Kandal province. Mrs. Sokhoen C. is a group leader, who has been selected by all the members. Each group member will use the loan for different purposes. Mrs. C. is a farmer who owns 1-hectare of land to cultivate rice to supporting her family.

She has a problem with her rice field, as it is infertile and far from an irrigation system. Thus, Mrs. Sokhoen C. decided to ask for a loan to buy fertilizer, gasoline, and rest of the loan she would like to use to hire farmer laborers to plow the rice field. Her husband is a construction worker. Through this activity, the couple supports five children, one of whom is a seamstress in a garment factory, another is too young to work or go to school, and the others attend the local public school.

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
  • 113
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • 4,254.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sokhoen's Group's $550 loan helped a member to buy fertilizer and gasoline.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2010
Listed
Mar 26, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011