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Sophal's Group
In this Group: Sophal, Chheang, Vann, Vanny, Uok, Saron, Touch, Vanna, Thoun, Sakhon, Un, Sarin, Sareth
Mrs. Sophal S., 32 years old, is the village bank president selected by its thirteen members located in Kanhchum village, Takeo province. The members of this village group will use this loan to support their different purposes and hope to increase their incomes to improve their families' standard of living.

Mrs. Sophal S. and her husband, Mr. Vuthy Ken, are farmers who own 1.20-hectares of land to cultivate rice for a living. They work very hard with the farm to support their family. In order to increase income, Mrs. Sophal S. decided to ask for a loan to buy chickens and chicken food for breeding. This couple has three children, who are students in the local school.

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
  • 124
    View loans »
    Cambodia Loans Fundraising
  • $36,181,550
    Funds lent in using Kiva
  • 4,260.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sophal's Group's $1,100 loan helped a member to buy chickens and chicken food for breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 29, 2011