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Savoen's Group
In this Group: Savoen, Lai, Samarth, Chanthy, Davon, Soen, Sophy, So Um, Saret, Shiren, Shidan, Phalla, Chanthol, Chinda, Kem Ie, Sokhoen, Kakda, Oeun
Eighteen people, who are all living in Dei Edth Kaoh Phos village in Kandal province, make up this village bank loan. Each member will use the loan to support a different purpose.

Mrs. Savoen B. is the village bank president who has selected by the members. She sells clothes to support her family living. Her husband, Mr. Lay Now, is a construction worker who receives a small salary to support his family.

In order to support her clothing business, Mrs. Savoen B. is requesting a loan to buy more clothes to enlarge her business. She is 36 years old and the mother of two children who are 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
  • 51
    View loans »
    Cambodia Loans Fundraising
  • $38,691,025
    Funds lent in using Kiva
  • 4,214.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Savoen's Group's $3,275 loan helped a member to buy more clothes to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 26, 2010
Apr 2, 2010
Currency Exchange Loss:
Apr 17, 2011