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Mrs. Sok Lim Village Bank Group
In this Group: Sok, Lay, Doeun, Sok, Sok, Heng, Chhum, Hakk, Chhuorn, Mech, Chhum, Say, Dong, Leng, Soth, Tork, Choeun, Kok, Kin, Soth, Soth, Lay, Mao, Mech
Mrs. Sok L. is the Village Bank President in Thkol Village in Kandal Province. This village bank consists of twenty-four people. Mrs. Sok L. was born in 1963 and she is now a fruit seller in the local market in the village. Since her business is going well, Mrs. Sok L. wants to expand her business. Therefore she decided to ask for a loan to buy more kinds of fruit to meet her customers' demand. Her husband, Mr. Chhun Mech, is a palm juice collector who gathers juice to process into palm sugar or palm wine. He also assists in his wife's business when he has free time. Mrs. Sok L. has six children, two of whom are workers who make palm sugar for middlemen. They can make a small income to support their family. The remaining four children are attending high school.

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
  • 4,081.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sok Lim Village Bank Group's $3,325 loan helped a member to ask for a loan to buy more kinds of fruit to meet her customers demand.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 23, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009