Check out other loans that are currently fundraising!
Sombo's Group
In this Group: Sombo, Mao, Oar, Mao, Bin, Chann, Preap, Chann, Un, Nov, Thorn
This village bank loan consists of 11 members who reside in Daeum Kor village in Kandal Province. Sombo M., born in 1971, is the village bank president selected by the other members, all of whom hope to increase their income through this loan in order to improve their families' living standards.



Sombo M. earns her living making pillows for sale. Since her business is going well, she wants to expand it and so is requesting a loan to buy additional material to make more pillows to sell.

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
  • 272
    View loans »
    Cambodia Loans Fundraising
  • $37,506,450
    Funds lent in using Kiva
  • 4,020.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sombo's Group's $2,200 loan helped a member to buy more material to make pillows for sale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012