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Sokhom's Group
In this Group: Sokhom, Vanny, Pao, Srey
Mrs. Sokhom E., age 46, is the leader of this group loan, having been selected by the other members of the group. They are located in Krapeu Ha village in Kandal province. Each member of this group will use their portion of the loan to support their different businesses.

Mrs. Sokhom E. is a grocery seller while her husband, Mr. Lors Khann, is a Khmer cake seller in the local village. With both of these occupations, they are able to earn a small income to support their family.

In order to support these businesses, Mrs. Sokhom E. will use the loan from AMK to buy more groceries to resell and to buy a flour mill to support her husband's business. This couple has five children; one is on the staff of an organization while the other four are students and also help 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
  • 283
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,252.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sokhom's Group's $775 loan helped a member buying groceries for resale; buying a flour mill.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011