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Sophy's Group
In this Group: Sophy, Sam Art, Sophat, Moeun
This group loan consists of four members who live in Kandoeng Thum village in Takeo province. Mrs. Sophy M. is 44 years old and is the leader of the group loan, having been selected by its members. Each of the members will use their individual portions to support different business purposes.

Mrs. Sophy M. and her husband, Mr. Sokchea Hang, are recycling middlemen. In order to increase income to improve the family living, Mrs. Sophy M. decided to ask for a loan in order to buy piglets for breeding.

This couple has six children: two are security guards, one is a waiter in a restaurant, and the younger three are students in the local school as well as working in their parents' businesses.

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
  • 270
    View loans »
    Cambodia Loans Fundraising
  • $37,533,925
    Funds lent in using Kiva
  • 4,210.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sophy's Group's $525 loan helped a member to buy piglets for breeding.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011