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Saing's Group
In this Group: Saing, Long, Bou, Uch, Tak, Hang, Chap, Siv, Korn, Siv
Ten people are forming a village bank loan. They are located in Kaoh Krabei village in Kandal province. Mrs. Saing S. was born in 1962, and she is a village bank president. She has been selected as the village bank president by the other members.

Mrs. Saing S. earns her living by selling flowers. In order to support and to enlarge this business, she would like to ask for a loan to buy more flowers for selling. Her husband, Mr. Uk Sitha, is a construction worker, and he is also wedding chef, which allows him to earn a little salary to support his family living.

This couple has two children who are attending the local 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
  • 101
    View loans »
    Cambodia Loans Fundraising
  • $35,502,525
    Funds lent in using Kiva
  • 4,040.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saing's Group's $1,575 loan helped a member to buy more flowers for selling.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2011
Listed
Feb 9, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 1, 2012