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Mrs. Khoem Sat Village Bank Group
In this Group: Sat, Tim, Khim, Mao, Torng, Mach, Sambou, Saroeurn, Lay
Nine people in Kampao Village in Takeo Province have formed a village bank to request a loan, and Mrs. Sat K. is the village bank president. She is a farmer who owns a piece of land to cultivate rice to earn a living. She now does not have enough rice seeds to grow on the field. Thus, she has decided to ask for a loan to buy rice seeds. She would use the rest of money to purchase piglets to start breeding pigs. She hopes to increase her income and improve her living standard. She is a 58-year-old widow with two children, one of whom is employed in garment factory while the other is a farmer to help their mother. Mr. Lay M. did not come to take the loan but his wife did, so she is present in the picture.

This is a group loan consisting of mainly end-of-term loans. Five members have end-of-term loans and the rest of have monthly payment loans. These members are not required to pay any principal on the loan until the very end of the loan term. End-of-term (EoT) loans are AMK’s main product because it is the most beneficial to Cambodia’s poor. It allows them to repay portions of the principal whenever they are financially able to. Most clients start to make their payments many months before the end of the loan term. Almost all of AMK’s client make their payments on time. AMK has a delinquency rate of only 0.09% and AMK has a default rate of 0% on Kiva.

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
  • 51
    View loans »
    Cambodia Loans Fundraising
  • $38,691,025
    Funds lent in using Kiva
  • 4,117.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Khoem Sat Village Bank Group's $1,125 loan helped a member to buy rice seeds and piglets to start breeding pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 25, 2008
Dec 8, 2008
Currency Exchange Loss:
Dec 15, 2009