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Sot Yom's Group
In this Group: Sot, Touch, Khin, Chhay, Ra, Tit, Chhoam, May, Sroen, Ra, Chey, Chinh, Nat, Srouen, Chhit
Mrs. Sot Y., 57 years old, and her husband, Mr. Mey Moeun, are working hard to support their three children, one of whom is a farmer, one a motorbike mechanic and the youngest, a student in a local school. They live in Damrei Chhlang village in Kandal province.


Fifteen members of Damrei Chhlang village are taking on a bank loan and have selected Sot as the bank president. The members of this village loan will use their money to support different purposes.


Sot and her husband are farmers who own a plot of land upon which they cultivate rice. In order to properly cultivate their farm, Mrs. Sot Y. is requesting a loan to buy rice seed, fertilizer and 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
  • 126
    View loans »
    Cambodia Loans Fundraising
  • $36,207,275
    Funds lent in using Kiva
  • 4,030.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sot Yom's Group's $2,100 loan helped a member to buy rice seed, fertilizer and gasoline.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2010
Listed
Jan 9, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012