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Srey Mom's Group
In this Group: Srey Mom, Nou, Marin, Sreymok, Sarout, Naem
Mrs. Srey Mom L. is a 26-year-old married woman and she has been selected by the members as the leader of this group loan, which consists of six members located in Lech Pram village in Kandal province. The member of this group will each use the loan to support a different purpose.

Mrs. Srey Mom L. is a grocery seller and also a rice wine maker. With these two businesses she is able earn a small income to support her family.

Mrs. Srey Mom now is requesting a loan to buy more groceries to resell and to buy rice to support her wine making. Her husband, Mr. Sokunthea Sakk, is a construction worker who receives a small salary to support his family. This couple has a child who is 3 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
  • 287
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,219.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Srey Mom's Group's $1,000 loan helped a member to buy more groceries to sell and more rice to support her wine making.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2010
Listed
Apr 23, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011