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Mrs. Sarong Village Bank Group
In this Group: Sarong, Vanna, Pao, Auy, Sokhom, Pha, Moch, Touch, Peou, Morn, Mom, Teng, Sameun, Roeun, Bayon
This village bank loan is comprised of fifteen people who will each use their portion of the loan for different purposes to improve their standard of living. The village bank president is Sarong, who was selected by the group members.

Sarong was born in 1973. She is a widow with four children, two of whom are seamstresses in garment factories while the others are studying in the local public school. Although the family works hard, it is difficult to earn enough to provide for the family. Sarong is a farmer who owns a small piece of land where she grows rice to sell and support her family. She is requesting a loan to add to her savings and buy a breeding cow to start a new business.

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
  • 39
    View loans »
    Cambodia Loans Fundraising
  • $38,709,225
    Funds lent in using Kiva
  • 3,978.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sarong Village Bank Group's $3,025 loan helped a member to buy a cow.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Mar 7, 2011
Apr 6, 2011
Currency Exchange Loss:
Feb 25, 2012