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Mrs. Meas Sophea Village Bank Group
In this Group: Meas, Mach, Mach, Tem, Pech, Born, Tuon, Shoung, San, Koy, Prak, San, Net, Hem, Shem, Nut, Shum, Lay, Sok, Neang, Un, Shem
Twenty-two people in Kandal Kraom Village in Kandal Province have formed a village bank loan and plan to use the loan for different purposes. Mrs. Meas S. is the village bank president who has been selected by the members. She is a housewife and her husband, Mr. Leng Yi, is an ice-cream seller in the local village. In his business, he now faces a small problem because his ice-cream box is too old which can affect his products so he wants to buy a new one. Therefore, his wife, Mrs. Meas S. decided to ask for a loan to buy it for her husband. Mrs. Meas S. is 42 years old and the mother of five children two of whom are employed in a garment factoR. while other two are attending. The youngest one is too young to work or study at three years old.

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
  • 252
    View loans »
    Cambodia Loans Fundraising
  • $38,056,100
    Funds lent in using Kiva
  • 4,118.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Meas Sophea Village Bank Group's $3,150 loan helped a member to ask for a loan to buy ice-cream box to replace the old one.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 27, 2008
Sep 12, 2008
Currency Exchange Loss:
Oct 15, 2009