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Mr. Eim Sarin Village Bank Group
In this Group: Eim, Eim, Eim, Mean, Korng, Chuob, Yay, Keov, Ly, Khut, Ma, Soy, Prak, Bich, Mean, Choem
The Village Bank President of this loan is Mrs. Eim S., who owns a small restaurant where she sells Chinese noodles to both villagers and visitors. Since her business is going well, Mrs. Eim S. is requesting a loan to buy more beef and other ingredients to cook delicious noodle dishes for her customers. Her husband, Mr. Meas Sophy, is a motorbike taxi driver who can make $5 a day to support his family.

Mrs. Eim S. is 36 years old and the mother of four children, one of whom is a waiter while another is a carpenter. The third one is enrolled in school while the youngest is yet too young to work or stuD..

The 16 people in Slab Ta Oan Village in Kandal Province who comprise this loan group will use the loan for a variety of purposes.

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
  • 201
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • 4,132.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Eim Sarin Village Bank Group's $2,325 loan helped a member to buy more beef and other ingredients to cook delicious noodle dishes for her customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 15, 2008
Listed
Sep 1, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009