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Mrs. Sinerth Khon Village Bank Group
In this Group: Sinerth, Ken, Peou, Bun San, Rina, Neang, Sok Ra, Phally, Nget, Seim, Mom, Vy, Keo, Sok Roeun, Meur, Phalla, Nouch, Pov, Siman
This village bank loan is made up of nineteen people who live in Ta Non village, Takeo province. Mrs. Sinerth K. is the village bank president, born in 1984 and selected by the other members who will each use portion of the loan for different purposes to improve their family's living conditions. She and her husband, Mr. Ret Ry, are farmers who own a very small piece of land to cultivate rice on to sell to support their family; moreover, Mrs. Sinerth K. is a weaver. Since her weaving is going well, she wants to expand. So to improve her current business, Mrs. Sinerth K. is asking for a loan to buy more silk. She is a mother of one child who is six years old.

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
  • 289
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,198.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sinerth Khon Village Bank Group's $3,175 loan helped a member to buy more silk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011