Check out some available loans that are similar to this one!
Mrs. Savath Village Bank Group
In this Group: Savath, Sareth, Phally, Sareth, Samoeun, Phan, Mut, Koy, Sony, Khimky
This village bank loan consists of ten members. They will each use their portion of the loan for different purposes in order to improve their family’s standard of living. Mrs. Savath is the village bank president who has been selected by the members. She was born in 1969. She is a widow with seven children. Three of her children are seamstresses in garment factories while the others attend the local public school. She is a Khmer cake seller and a chicken breeder who is able to earn some profit with which to support her family. Although she tries to work hard, she can only earn a small income. To improve this situation, Mrs. Savath is applying for a loan to add to her savings to buy a cow for breeding 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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • 3,985.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Savath Village Bank Group's $1,425 loan helped a member to buy a cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2011
Listed
May 4, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012