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Sarim's Group
In this Group: Sarim, Sokhorn, Sokuoch, Sopath, Chandy
Mrs. Sarim L. is the leader of this group of five in Prey Pouch Village in Kampong Chhnang Province. She is 49 and the mother of a child employed in a garment factory. Her husband, Mr. Sareourn Pring, is a policeman in the province. Mrs. Sarim L. owns a small restaurant where she sells rice, Chinese noodles and rice soups to the villagers. She wants to expand her business, so she is requesting a loan to buy additional and more varied food. She has already obtained a loan from AMK to start her small restaurant, and since the business is successful, she wants to make it larger.

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
  • 255
    View loans »
    Cambodia Loans Fundraising
  • $37,533,925
    Funds lent in using Kiva
  • 3,932.6
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sarim's Group's $450 loan helped a member to buy additional and more varied food.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 24, 2008
Listed
May 8, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009