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Sot Moa's Group
In this Group: Sot, Nop, Nop, Chheng, Mean, Suon, Sun, Puth, Huon, Yang, Rin, Phy, Hin, Khat, Chiv, Khat, Sun
This village loan group consists of seventeen members who are located in Preaek Char village in Kandal province. The group selected Mrs. Sot Mao as the village bank president. Each member of this loan group will use his or her portion of the loan for different purposes.

Mrs. Sot Mao, who is 50, and her husband, Mr. TR. Vor, are farmers who own a hectare of land that they use to grow rice. They have two children; one is a seamstress in a garment factoR. and the other is a waiter. The couple does not have enough money to cultivate their plot of land and they will use their loan to buy fertilizer and to purchase gasoline.

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
  • 111
    View loans »
    Cambodia Loans Fundraising
  • $35,436,925
    Funds lent in using Kiva
  • 4,050.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sot Moa's Group's $2,000 loan helped a member to buy fertilizer and purchase gasoline.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 26, 2010
Listed
Dec 6, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012