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Sok Nea's Group
In this Group: Sok Nea, Thorn, Chenda, Kim Luon, Rin, Seang Aun
Mrs. Sok Nea H. is the group leader of a group loan which consists of six people. They will use the loan for different purposes so that it can improve their businesses in the future.

All the members are villagers in Ampil Lech village in Takeo province. Mrs. Sok Nea H. is a weaver at her home. Since her business is going well, she wants to expand. So to improve her family's living conditions, Mrs. Sok Nea H. is requesting a loan to bU. silk. Her husband, Mr. Pou Song, is a farmer who owns a plot of land to cultivate rice on to support his family. Through these activities, they support five children, two of whom are helping their mother to weave, while the others are enrolled in 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
  • 267
    View loans »
    Cambodia Loans Fundraising
  • $37,506,450
    Funds lent in using Kiva
  • 4,228.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sok Nea's Group's $1,050 loan helped a member to buy silk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011