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Mrs. Som Khim Village Bank Group
In this Group: Som, Se, Dom, Kosal, Kung, Taing, Kung, Nou, Mouk, Tuon, Kung, Pech, Choeung, Yon
This village bank loan group consists of fourteen people who live in Kampaor Village in Takeo Province. Mrs. Som K. has been selected by the other members to be the village bank president. Each member will use their portiO. of the loan for different purposes, but all hope to improve their families' living standards.

Mrs. Som K. buys and sells fruits and vegetables to earn money to support her family. She also breeds pigs and chickens. Her husband, Mr. Vy M., is a farmer. To support his family, he grows rice O. a small piece of land that he owns.

Since her pig breeding business is going well, she wants to expand. Mrs. Som K. is seeking for a loan to buy piglets, pig food, and chickens. With the rest of the loan, she wants to buy a bicycle.

She is a mother of five children, one of whom is employed in garment factory. Her other children attend the public 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
  • 258
    View loans »
    Cambodia Loans Fundraising
  • $37,526,425
    Funds lent in using Kiva
  • 4,045.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Som Khim Village Bank Group's $2,450 loan helped a member to buy some piglets, pig food, and chickens.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012