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Mr. Sothy Chuch Village Bank Group
In this Group: Sothy, Sarom, Vanna, Heang, Tei, Samith, Soeun, Soeun, Oeb, Ong
Mr. Sothy C. is 28 years old and married. He has been selected the leader of a group of ten people seeking a group loan. The group is located in Krang ToU. village in Takeo province. Mr. Sothy C. is a farmer who owns 2 hectares of land where he cultivates rice. He is also a laborer. His wife, Mrs. Sophal C., sells desserts in the local market. With these businesses they are able to earn a small income to support their family. In order to increase their income and improve their standard of living, Mr. Sothy C. decided to ask for a loan to buy a female pig for breeding. This couple has two children; one is a student in the local school and one is just five years old. The day of the loan disbursement Mr. Sothy C. was busy working in the field. Instead, his wife, Mrs. Sophal C., received the loan for him. Mr. Sothy Church's wife is in the photo above.

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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 4,205.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Sothy Chuch Village Bank Group's $975 loan helped a member to buy a pig for breeding.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 4, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 7, 2011