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Mrs. Son Village Bank Group
In this Group: Son, Hoem, Sarin, Sdeung, Savoeun, Mao, Vann, Eang, Hou, Keap
This village bank loan consists of ten people who will use their portions of the loan for different purposes to improve their families' standard of living.

Mrs. Son, who was born in 1979, has been selected by all the members to be the village bank president. She is a fruit seller in the local market where she can earn some profit to support her family. Her husband, Mr. Tuo, is a recycling seller and a farmer who owns a small piece of land where he can grow rice. He sells some part of the rice and rest of the rice he uses to support his family. This couple supports three children who are attending local public school.

Since her business is getting on well, Mrs. Son wants to expand. So to improve her daily income, Mrs. Son is asking for a loan to buy more fruits to resell. With the rest of the loan, she is going to buy more recycling.

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
  • 243
    View loans »
    Cambodia Loans Fundraising
  • $37,096,850
    Funds lent in using Kiva
  • 4,015.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Son Village Bank Group's $1,675 loan helped a member to buy more fruits to resell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012