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Mr. Sor Saran Village Bank Group
In this Group: Sor, Kan, Kreng, Sreng, Nhen, Koemleng, Sreymom, Laisim, Uk, Lina, Choeurn, Phak, Sokha
This village bank loan consists of 13 people who are living in Angkor village, Takeo province. Mr. Sor S. is a village bank president who was selected by the other members who will use their portions of the loan for varied ways to support their families.

Mr. Sor S. and his wife, Mrs. Kib Nen, are farmers who own a 1-hectare plot of land where they grow rice to sell to support their family. He is also a motorbike taxi driver and a construction worker. He is a father of three children, two of whom are attending local public school, but the youngest one is 4 years old.

In the rice field, it is time for growing, so he needs some money to support this activity. To improve this purpose, Mr. Sor S. is applying for a loan to do farming this dry season.

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
  • $35,859,500
    Funds lent in using Kiva
  • 4,040.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Sor Saran Village Bank Group's $1,300 loan helped a member to support farming activites.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 28, 2011
Listed
Feb 9, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012