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Bopha's Group
In this Group: Bopha, Eang, Lorn, Son, Rom, Phalla, Leng, Samnoeth, Sovanra, Mon, Veasna
Mrs. Bopha M. is a 29 year old, married woman. She is a village bank president who was selected by 11-members, located in Toul Krosang village in Kandal province. The members will use the loan for several different purposes. Mrs. Bopha M. is a shell seller who can earn a small income to support her family living. Her husband, Mr. Veasna Sovann, is a motorcycL. taxi driver. Mrs. Bopha M. is requesting for a loan to add her saving to purchase a new motorbike for supporting her husband business. Mrs. Bopha M. is a mother of three children; two are students in the local school whiL. the youngest one is 2 years old.

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
  • 204
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • 4,214.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Bopha's Group's $2,050 loan helped a member to add her saving to purchase a new motorbike.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2010
Listed
Apr 2, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011