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Suong Yim Group
In this Group: Suong, Mak, Suor, Erm, Tharch
Mrs. Suong Y., the leader of this group of five members, lives in Chrok Kov Village in Kampong Chhnang Province. She is 31 and the mother of four children, two of whom are enrolled in school while the others assist their parents at home. Her husband, Ny Seourn, is a farmer. Mrs. SuongY. is also a farmer and palm leaf sewer, but these two activities are not adequate to provide comfortable living conditions; she therefore wants to start another business and is asking for a loan to purchase fish to resell. The loan is necessary because in June of 2007, Mrs. Suong Y. got a bleeding cough, the treatment of which imposed unexpected expenses on the family, leaving insufficient money to start the new business.

(Mr. Erm M. was not available, so his wife is presented in the picture instead.)

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
  • 115
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • 3,931.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Suong Yim Group's $175 loan helped a member to purchase fish to resell to the villagers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 26, 2008
Listed
May 12, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2009