Her husband, Mr. Sot Song, born in 1981, works as a house builder, which is how he is able to earn a small income to help support his family. This couple has four children: two attend the local school and the younger two are still small.
Mrs. Pav S. is a farmer who owns a plot of land on which she grows corn. In order to support this endeavor, she is requesting a loan in order to purchase a water machine for growing her crops. She plans to use the remainder of the loan to buy fertilizers and gasoline. Aside from farming, she also adds to her income by knitting.
About AMKAngkor 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.
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Success!! The loan was 100% repaid