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Mrs. Boek Sary Village Bank Group
In this Group: Boek, Poek, Sem, Chan, Chhom, Tai Sreu, Yuon, Bun Ret, Uong, Kaeb, Chhum, Mam, Phann, Tep, Vibol, Rina
This village bank loan is made up of 16 people from Rumchek village in Takeo province. Mrs. Boek S. is the village bank president. The members of the group all hope the loan will improve their family's standard of living.

Mrs. Boek S., 41, and her husband, Mr. Nhor Ol, are farmers who own a 0.5-hectare plot of land to cultivate rice to support their family. She is also a weaver while her husband is a barber. Since Mrs. Boek S.'s business is going well, she wants to expand it. Therefore, she is requesting a loan to buy more silk. She is a mother of two children, one of whom is a seamstress in a garment factory while the other is studying 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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 4,215.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Boek Sary Village Bank Group's $2,275 loan helped a member to buy more silk.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011