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Mrs. Saruon Roth Village Bank Group
In this Group: Saruon, Van, Phann, Sareurn, Sam, Chan Thy, Son, Sary, Sophon, Saren, Boeuy
Mrs. Saruon R. is a widow with two children, one of whom is a construction worker while the other is attending the local school. She is a popular singer who has been hired to perform in wedding ceremonies, parties, and so on. Aside from this career, she is a rice middleman. Since her business is doing well, she wants to expand it by purchasing more rice to sell to earn more profits. The loan will also support the eleven members of the village bank, who plan to use the loan for different purposes. Mrs. Saruon R. has been selected by the members to be village bank president.

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
  • 214
    View loans »
    Cambodia Loans Fundraising
  • $37,046,750
    Funds lent in using Kiva
  • 4,119.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Saruon Roth Village Bank Group's $1,625 loan helped a member purchasing more rice to sell.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 15, 2009
Listed
Mar 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011