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Sok's Group
In this Group: Sok, San, Chey, Nov, Mourng, Teng, Thlang, Sokchan, Chet, Chet, Suorn, Long, So, Chhon, Run, Chiem, Lang, Chey
This village bank loA. consists of eighteen members. Mr. Sok, born in 1956, is a village bank president. He was selected to be the village bank president by the other members.

He and his wife, Mrs. Eam, are farmers who own a plot of land which they use to grow rice for supporting their family. They would like to grow rice in the dry seasO., but they do not have enough money to cultivate it. Thus, in order to improve this farming, Mr. Sok would like to ask for a loA. to buy a water machine and fertilizers for growing rice. Aside from farmers, Mr. Sok also earned for living by working as government worker.

They have four children: three are seamstresses in the garment factories and the last one is laborer.

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
  • 268
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,060.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sok's Group's $3,425 loan helped a member to buy a water machine, fertilizers for growing rice.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2011
Listed
May 4, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012