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Srey Voch's Group
In this Group: Srey Voch, Sambath, Chea, Leang
Four people make up a village bank loan and they live in Mitakpheap village in Kandal province. Mrs. Srey Voch K. is the group leader, selected by all the members who will each use their loan to improve their businesses in the future. She is a seamstress in a garment factory and her husband, Mr. Savat Thorn, is a policeman. She has a problem because her work place is a long way from her home. So to improve her family's living conditions, Mrs. Srey Voch K. is applying for a loan to buy a new motorbike as transportation. She is a mother of three children who are attending 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
  • 306
    View loans »
    Cambodia Loans Fundraising
  • $37,565,125
    Funds lent in using Kiva
  • 4,228.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Srey Voch's Group's $775 loan helped a member to buy a new motorbike.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011