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Song Va's Group
In this Group: Song Va, Neth, Srei, Phalla, Nang, Hoen, Soun, Savoen, Met, Ny, Soeun, Nam, Savoeun
Mrs. Song Va P., 31 years old, is the bank president selected by the thirteen members of this village bank loA. located in Boeng Krum Leu village, Kandal province. The members of this loA. will use the money to buy supplies, equipment and other items to support their different purposes.

Mrs. Song Va P. is a beauticiA. working from her home and also a singer for Khmer traditional weddings. She is able to earn a small income to support her family. She is requesting a loA. to buy beauticiA. supplies to support her business. Mrs. Song Va P. is a widow with four children; three attend the local public school and the fourth is 5 years old and not in school yet.

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
  • 194
    View loans »
    Cambodia Loans Fundraising
  • $36,978,250
    Funds lent in using Kiva
  • 4,190.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Song Va's Group's $2,450 loan helped a member to buy supplies to support her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011