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Sinuon's Group
In this Group: Sinuon, Horn, Vouchny, Sokthy, Sophea, Sokhorn, Sae, Lis, Kim, Sokh Chea, Beng, Heng, Srey Norn, Teav, Leam, Seang Hai
Sinuon B. is 55 years old and the village bank president, having been selected by its sixteen members. They all live in Tuol Kdei village, in Kandal province. The members will use the loA. to support their different businesses.

Sinuon and her husband are farmers who own a 3.50-hectares piece of land to cultivate rice, peanut and cucumber for a living. They are also fishermen. With both of these occupations, they earn a small income to support their family. For the fishing business, Sinuon will use the loA. to buy a fishing boat and a machine for fishing. They have two children, a farmer and a student.

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
  • 118
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 4,252.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sinuon's Group's $2,525 loan helped a member buy fishing boat and fishing machine for fishing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011