Check out some available loans that are similar to this one!
Mrs. Yaem Sok Village Bank Group
In this Group: Yaem, Ron, Khat, Phou, Phal, Ly, Sok, Lon, Noeun, Song, Nhoun, Soeun, Muth, Toeum
This village bank loan has fourteen people who are located in Rovieng village, in Takeo province. They will each use a little money from the loan for different purposes to improve their standards of living. Mrs. Yaem S. is a village bank president who has been selected by the other members. She is 64 years old. She owns a general store in the local village where she can resell groceries to support her family. Since her business is going well she wants to expand. So to improve this business, Mrs. Yaem S. is asking for a loan to buy more groceries. Her husband, Mr. Nel Neng, is a farmer who owns one-hectare plot of land, to cultivate rice to sell, to support his family. This couple does not have a child.

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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,207,750
    Funds lent in using Kiva
  • 4,250.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Yaem Sok Village Bank Group's $1,325 loan helped a member to buy more groceries to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 26, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 7, 2011