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Soy's Group
In this Group: Soy, Sum, Srean, Ith, Ouch, Peth, Lean, Chhoav, Srun, Moa, Sean, Chorn, Svay, Iv, Chun, Nay, Hi, Pet, Iv, Krorn, Peang, Trey, Sroeun
The twenty-three people who form this village loan, located in Preaek Ta Ker village, Kandal province, have selected Ms. Soy Y., 29 years old, as the village bank president. All members of this village loan will use their portions of the loan to support their different purposes.

Ms. Soy Y. is single and earns her living by cultivating corn and peanuts. She works very hard but still lacks money to support her farming. Therefore, she would like to ask for a loan to buy fertilizer and peanut seed. Aside from farming, Ms. Soy Y. also works as a deputy to the village chief, receiving a small salary to help support herself.

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
  • 109
    View loans »
    Cambodia Loans Fundraising
  • $36,139,325
    Funds lent in using Kiva
  • 4,055.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Soy's Group's $4,025 loan helped a member to buy fertilizer and peanut seed.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2010
Listed
Nov 11, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 30, 2011