Check out some available loans that are similar to this one!
Mrs. Sinat Suos Village Bank Group
In this Group: Sinat, Norn, Sophal, Ngann, Sarorn, Noeun, Sok Kea, Aun, Sopheang, Vun, Saim, Sok, Mao, Nget
Fourteen people live in Khnach Tboung village in Takeo province and they make up a village bank loan. All the members in this village bank loan will use their portion of the loan for different purposes. They have been selected Mrs. Sinat S., who was born in 1970, is a village bank president. Mrs. Sinat S. is a weaver at her home where she can earn some money to support her family. Since her business is going well, she wants to expand. So to improve her current business, Mrs. Sinat S. is applying for a loan to buy more silk. She is a widow with six children, two of whom are seamstresses in a garment factory, while the other three are studying in school. The youngest child is only 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
  • 192
    View loans »
    Cambodia Loans Fundraising
  • $36,983,500
    Funds lent in using Kiva
  • 4,190.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sinat Suos Village Bank Group's $1,875 loan helped a member to buy more silk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011