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Shiyoen's Group
In this Group: Shiyoen, Sophan, Sophae, Chariya, Sophea, Ry, Oeurn, Nhor, Da, Norn, Kea, Ny, Samorn, Sokna, Channy
This village loan consists of fifteen people, located in BoE. Krum Leu village, Kandal province. Mrs. Shiyoen C., age 44, is the village bank president, having been selected by its members. Each member of this village loan will use their portion to support their different purposes.

Mrs. Shiyoen C. and her husband, Mr. Muth Kong, are farmers who own 1-hectare of land that they use to cultivate rice. Aside from farmers, Mrs. Shiyoen C. also sells groceries in the local village while her husband is also fisherman. With their occupations, they are able to earn a small income to support their family.

In order to support her husband's fishing business, Mrs. Shiyoen C. will uses the loan to buy fishnets, a fishing machine for husband's fishing and with the rest of the loan, she wants to buy more groceries to resell. This couple has six children: one is a seamstress in a garment factory, one is a construction worker, another is a laborer and two are attending the local school. The youngest is age 5, and not yet in school.

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
  • 278
    View loans »
    Cambodia Loans Fundraising
  • $37,506,450
    Funds lent in using Kiva
  • 4,190.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shiyoen's Group's $2,650 loan helped a member to buy fishnets, a fishing machine for husband's fishing.
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 27, 2011