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Mrs. Sok Pat Village Bank Group
In this Group: Sok, Kosal, Sokhun, Sinoeurn, Thruon, Navy, Khea, Khai, Leng, Sok Khoeurn, Lang, Chanleng, Oun, Chan Ra, Sopha, Oun, Pearum
The village bank, which consists of seventeen members, is located in Hang Chhouk village in Kampong Chhnang province and they plan to use the loan which they obtained in different purposes. Mrs. S. P. is the village bank president who has been selected by the members. She is a farmer who owns a plot of land to cultivate both rice and vegetables. She now faces an obstacle because she does not have enough money to buy water melon seeds and fertilizer to support the field to make her crop more productive. In order to solve this problem, she decided to ask for a loan for her purpose. Her husband, Mr. Kam Mom, is a construction worker who can make a small income to support the family. Mrs. S. P. has two children, one of whom is attending the local school while other is too young to work or study.

Thirteen members in this group loans are end-of-term loans and the rest have monthly payment loans. They 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 payments many months before the end of the loan term. Almost all of AMK’s clients 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
  • 300
    View loans »
    Cambodia Loans Fundraising
  • $38,170,450
    Funds lent in using Kiva
  • 4,137.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sok Pat Village Bank Group's $1,775 loan helped a member buy water melon seeds and fertilizer to increase crop production.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 16, 2009
Mar 1, 2009
Currency Exchange Loss:
Mar 15, 2010