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Prek Deaung I Group
In this Group: Sokheang, Sreytauch, Rhoeurng, Sokai, Soknam, Rhuk, Cheav, Say, Chinda, Syne, Pauch, Pha, Ry, Soy, Tim, Srey, Sarim, Vany, Pisith, Phaly
This is a group loan that will be shared among 20 members of the Prekdeaung I Village Bank in Kandal Province. Mrs Sokheang S., 48, is a farmer and also the Village Bank president. She is married with four children; three work in a factory, and one is a student. She and the Village Bank would like to request the loan of $2,575 in order to buy more vegetables to sell every day. All of the people in the picture are the borrowers, except for the two women standing under the tree and the woman who has a child in her arms (they are the owners of the house).

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
  • 53
    View loans »
    Cambodia Loans Fundraising
  • $38,755,275
    Funds lent in using Kiva
  • 3,891.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Prek Deaung I Group's $2,575 loan helped a member to buy more vegetables to resell at the local market.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 23, 2008
Mar 6, 2008
Currency Exchange Loss:
Apr 15, 2009