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Mrs. Sophea Khim Village Bank Group
In this Group: Sophea, Navy, Vanly, Sophas, Nary, Sokhom, Chanthorn, Bopha, Kosal
This village bank loan is for a group that consists of nine people who live in Stueng Chrov village in Kandal province. Mrs. Sophea K. is the leader of this group, selected by all the members of the group. Each member will use a loan for different purposes. Mrs. Sophea K. sells vegetables in a local market. Her husband, Mr. Choeurn Chey, is a construction worker and a fisherman. Her husband did not have enough fishing supplies to support his work as a fisherman. To improve this business, Mrs. Sophea K. is asking for a loan to buy a boat. She supports three children, one of whom is a seamstress in a garment factory. Another is a furniture maker. The third is attending a 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
  • 37
    View loans »
    Cambodia Loans Fundraising
  • $38,708,425
    Funds lent in using Kiva
  • 4,238.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sophea Khim Village Bank Group's $1,425 loan helped a member to buy a boat.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 5, 2010
May 1, 2010
Currency Exchange Loss:
Apr 17, 2011