Check out some available loans that are similar to this one!
Mrs. Sobon Naov Village Bank Group
In this Group: Sobon, Sopha, Leng, Minh, Savy, Kung, Sonai, Kunthy, Koemly, Oun, Sokha, Sophal, Sophal, Eng, Yat, Souphea, Heng, Chanthy, Sim, Leap
This village bank loan group has twenty people who have selected Mrs. Sobon N. as its leader. They are located in Kaoh Reah Leu village in Kandal province and will use their portions of the loan for different purposes. Mrs. Sobon N. was born in 1980. She sells fruit at her local market to earn money to support her family. Since her business in going well she wants to expand so she is seeking a loan to buy more papayas to resell. Her husband, Mr. Sophak Toem, is a farmer who rents a small piece of land to grow crops to sell to support his family. They have two small children.

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
  • 318
    View loans »
    Cambodia Loans Fundraising
  • $37,580,575
    Funds lent in using Kiva
  • 4,205.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sobon Naov Village Bank Group's $3,500 loan helped a member to buy more papayas to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 29, 2011