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Sok Kunthea's Group
In this Group: Sok Kunthea, Sok Na, Sa Rou, Ma Reth
Mrs. Sok Kunthea T., age 30, is a married woman and she is the leader of this group loan, having been selected by its four members who all live in Ampil Toeuk village in Kandal province. Each member of this group will use their portion of the loan to support their particular business.

Mrs. Sok Kunthea T. is a beef seller in the local market. Since her business is going well, she wants to expand it so she decided to ask for a loan to buy more beef to sell. Her husband, Mr. Toeuy Sru, is a construction worker and with both of these occupations, they are able to earn a small income to support their family.

This couple has three children: one is attending the local school while the other two are too young to study or work.

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
  • 97
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • 4,198.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sok Kunthea's Group's $550 loan helped a member to buy more beef to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 29, 2011