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Mr. Sokea Kem's Village Bank  Group
In this Group: Sokea, Kan, Phorn, Bopha, Samnang, Kalayanei, Yean, Pho, Oy
Nine people living in Akreiksat village in Kandal province comprise this village bank group, and they will use the loan for various purposes. Mr. Sokea K., aged 27, is the leader of the group. He is a construction worker. His wife, Mrs. Hout Sambath, is a fruit seller in the local market. Since her business is doing well, she wants to expand it to earn more income. Thus, Mr. Sokea K. decided to ask for a loan to buy more fruit to resell. Mrs. Samnang C. does not come to take a loan but her husband is taking a loan, so she is shown in the picture instead of him.

Three members in this group are taking 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
  • 283
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,108.2
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Sokea Kem's Village Bank Group's $1,050 loan helped a member to buy more fruit to resell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Feb 23, 2009
Apr 1, 2009
Currency Exchange Loss:
Jan 15, 2010