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Mrs. Sam Sokhom Village Bank Group
In this Group: Sam, Sim, Preap, Lun, Biv, Hai, Kuch, Nol
This village bank consists of eight members who all live in Chrey Bet Meas village in Kampong Cham province. They each plan to use the loan for a different purpose. For instance, Mrs. Sam S. is the village bank president and she owns a small field where she grows potatoes. Since her plantation is going well, she decided to ask for a loan to buy potato seeds to grow on her field. Mrs. Sam S. is a widow with three children, one of whom helps her in the field while another one is employed in a garment factory. The remaining one owns a small restaurant that sells food to passengers. Mrs. Sam S. hopes to increase her income and improve her living conditions with this loan.

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
  • $37,041,000
    Funds lent in using Kiva
  • 4,060.2
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sam Sokhom Village Bank Group's $1,200 loan helped a member to ask for a loan to buy potatoe seeds for cultivating her field.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 2, 2008
Listed
Sep 18, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009