Check out some available loans that are similar to this one!
Mrs. Kang Sophy Village Bank Group
In this Group: Kang, Kang, Kol, Nhoem, Kang, Chruoch, Leang, Mach, Theng, Chum, Cheab, Ourn, Neang, Horng, Phall, Koy, Chin, Eng, Sek, Khleung, Kang, Chan, Hang, Keo, Sam, Kol, Yorn
This village bank in Traeuy Troeng Village in the Kandal Province has 27 members. Mrs. Kang S. is the village bank president. She owns a small grocery store in the local village. Since her business is going well, she wants to expand it so she has decided to ask for a loan to buy additional grocery products for her inventory. Aside from this business, she is a recycle collector who gathers empty bottles, cans and plastic. Mrs. Kang S. is a 37-year-old widow wI. a child who is employed in a garment factory. She hopes to increase her income and improve her living conditions wI. 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
  • 110
    View loans »
    Cambodia Loans Fundraising
  • $36,190,425
    Funds lent in using Kiva
  • 4,015.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Kang Sophy Village Bank Group's $3,825 loan helped a member to buy more grocery products for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 16, 2008
Listed
Oct 1, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009