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Ro Teng Ii Group
In this Group: Somaly, Som Orl, Sovan, Som Oun, Som Bou, Sothy, Seng, Sora, Sophat, Son, Suy Leang, Neang, Pheary, Thouk, Iy, Ert, Siha, Yon, Pov, Chandy Na*, Bun Thorn, Pho, Sokhong, Pech, Ye, Sophal, Sakhon, Nget, Som Oark*
* not pictured
Mrs. Somaly Chork, Village Bank President, is a single mother with two children in Ro Teng Village. Both of her children attend school. She is 32 years old and she sells vegetable for a living at the Ro TH. market. On average, she can generate approximately $2.50 of income per day. As she is a widow making very limited income, her and her family's standard of living is quite poor; specifically, she is unable to pay for her family’s expenses, such as her children’s educational costs. In order to get her family out of poverty, she is hereby requesting a loan to buy more vegetables to resell at the market for a profit. Mr. Chandy Na S. and Mr. S. Oark V. are not pictured; instead, their wives are pictured in the photo.

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
  • 181
    View loans »
    Cambodia Loans Fundraising
  • $37,004,050
    Funds lent in using Kiva
  • 3,899.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Ro Teng Ii Group's $4,225 loan helped a member to purchase additional vegetables to resell at the village market.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 2, 2008
Listed
Apr 11, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009