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Mrs. Son Chhith Village Bank Group
In this Group: Son, Samak, Sokhy, Chou, Chorn, Satum, Sokleng, Rom, Koemlin, Sruy, Chanthan, Sarom, Ayngim, Khun, Sokeang, Sothy
Son C., 66, is a village bank president and leader of this group loan. A total of sixteen people make up the group from Sampan Leu village in Kandal province. They will each use a piece of the loan for different purposes. Son is a farmer who owns a plot of land where she grows crops to sell to support her family. Her one child is a beautician and she would like to help her daughter expand her business. Son is seeking for a loan to buy beautician supplies.

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
  • 328
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 4,180.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Son Chhith Village Bank Group's $3,000 loan helped a member buy beautician supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011