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Sokhom Urn Group
In this Group: Sokhom, Chrech, Ran, Chrech
Mrs. Sokhom U. lives in Chom Teav village in Kampong Chhnang Province. She is 23, married, and without children. She is the group leader of a four women group in her village. She is a farmer and works with her husband, Mr. Yet Nguon. Both of thE. are very hard workers, but they only make a small income. Previously, Mrs. Sokhom U. obtained a loan from AMK that she used to improve her crop. Presently, she is applying for a loan because she would like to live separate from her parents. Therefore, she hopes to buy a piece of land to build a new house for her and her husband in the village.

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
  • 220
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 3,925.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sokhom Urn Group's $250 loan helped a member to buy land.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 10, 2008
Listed
Apr 25, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009