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Sokhorn's Group
In this Group: Sokhorn, Ly, Heang, Sareoun
Four people made up a group loan located in Boeng Kandal village in Kandal province. Mrs. Sokhorn S. is the group leader, selected by the other members who will each use a small piece of the loan for a different purpose. She is a farmer who owns a 1.2-hectare plot of land to grow crops to sell to support her family. Her husband, Mr. Kheang Peng, is a fisherman. Now she has a problem because her husband’s fishing boat is broken. So to improve this condition, Mrs. Sokhorn S. is applying for a loan to fix the fishing boat. She is a mother of four children. One of her children helps her to do farming and the others are studying in the local public school. The day of the loan disbursement Mrs. Sokhorn S. was busy working in the field. Instead, her husband, Mr. Kheang Peng, received the loan for her. The photo above is of Mrs. Sokhorn S.'s husband.

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
  • 192
    View loans »
    Cambodia Loans Fundraising
  • $36,972,025
    Funds lent in using Kiva
  • 4,190.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sokhorn's Group's $350 loan helped a member to fix a fishing boat.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 1, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011