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Mrs. Soeurn Choeurn Village Bank Group
In this Group: Soeurn, Sath, Kung, Sokuntheary, Ok, Sithan, Hun, Monin, Sok Chanda, Sothy
Ten people who live in Dei Edth Kaoh Phos village in Kandal province make up this village bank loan group. Mrs. Soeurn C. is the village bank president, selected by all the members who are each going to use their loan for different purposes. She is a Khmer noodle seller in her local village and aside from this she is a white wine maker. Since her business is going well, she wants to expand. So to improve this business, Mrs. Soeurn C. is requesting a loan to buy more rice to make white wine. She is a widow with a child who is forty 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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $36,207,275
    Funds lent in using Kiva
  • 4,228.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Soeurn Choeurn Village Bank Group's $1,625 loan helped a member to buy more rice to make white wine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011