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Mrs. Sdaung Chourng Village Bank Group
In this Group: Sdaung, Sok, Kunthear, La, Soklean, Nhor, Hoang, Kak Ky, Sopheap, Sinay, Sokheng, Leanghoar, Sayhorng, Leang Ay, Phan, Thourk, Heng, Sophal, Kouyky
This village bank loan consists of nineteen people from Sampan village I. Kandal province. Mrs. Sdaung C. is the village bank president who was been selected by the other members, who will all use their portion of the loan for different purposes. She and her husband are farmers who own a small piece of land to grow crops to support their family. Now they face some problems because their field is on time to do farming, but they did not have enough money. Thus, Mrs. Sdaung C. decided to ask for a loan to buy corn seed, fertilizer, and fuel. She is the mother of three children, two of whom are enrolled I. local public school, while the other is still too yO. for 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
  • 267
    View loans »
    Cambodia Loans Fundraising
  • $37,507,325
    Funds lent in using Kiva
  • 4,219.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sdaung Chourng Village Bank Group's $3,050 loan helped a member to buy corn seed, fertilizer, and fuel.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011