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Sor's Group
In this Group: Sor, Kuon, Phong, Oeung, Phall, Yav, Leng, Pha, Nin, Hem, Tuon
This village loan consists of eleven members who will use their portions to support different purposes. Mrs. Sor, a married woman who was born in 1980, was selected to be the village bank president by the other members.

Mrs. Sor earns a living by selling groceries in the local village. Since her business is doing well, she wants to expand it. Thus, she decided to ask for a loan to buy more groceries to support and enlarge her business. Her husband, Mr. Pin, was born in 1979 and works as a house constructor. He is also able to earn a small amount of income to support their family. The couple has two children who attend 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
  • 306
    View loans »
    Cambodia Loans Fundraising
  • $37,569,750
    Funds lent in using Kiva
  • 4,005.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sor's Group's $1,900 loan helped a member to buy more groceries to expand her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012