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Mr. Sopheak Village Bank Group
In this Group: Sopheak, Nget, Hem, Uoth, Uon, Hy, Khen, Hun, Hun, Thai, Sapom, Pum, Ho, Khen
This village bank loan consists of fourteen people who will use their portion of the loan for different purposes to improve their family's standard of living. Mr. Sopheak is the village bank president who has been selected by the other members. He was born in 1975. He is a farmer who owns a half-hectare plot of land where he grows rice. He sells part of the harvest and keeps the rest to feed his family. His wife, Mrs. Uk, is a seamstress in a garment factory where she gets a low salary to help support her family.

Presently, Mr. Sopheak has a problem because his wife’s workplace is far away fR. his house. So Mr. Sopheak is asking for a loan to buy a new motorcycle for his wife's transportation. He is a father of two children, one of whom is enrolled in local public school. The younger one is a 5-year-old.

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
  • 259
    View loans »
    Cambodia Loans Fundraising
  • $38,024,450
    Funds lent in using Kiva
  • 4,025.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Sopheak Village Bank Group's $2,550 loan helped a member to buy a new motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 22, 2011
Apr 1, 2011
Currency Exchange Loss:
Mar 30, 2012