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Mrs. Sokyoeurn Chea Village Bank Group
In this Group: Sokyoeurn, Thy, Samnang, Channa, Heng, Yoeurn, Huy, Thary, Keath, Kith, Eit, Shitha, Shivorn, Kun, Sok Chea, Channy, Simorn, Koeun, Yeth
This village bank, which consists of 19 members, is located in Chhea Teal village in the Kandal province. They plan to use the loan they obtained for different purposes. Mrs. Sokyoeurn C. has been selected by the members to be the village bank president. She sells fish and is also a pig breeder. Since her pig-breeding business is doing well, she wants to expand it by purchasing more piglets to breed to earn more income.

Her husband, Mr. Deap Saret, is a musician who is hired by people to play during wedding ceremonies, parties and so on. Mrs. Sokyoeurn C. is a 29-year-old mother of two children who are too yoU. to work or study. Mrs. S. Vannak, who is a group guarantee, is also presented in the picture with the village bank members.

Seven 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
  • 158
    View loans »
    Cambodia Loans Fundraising
  • $41,452,425
    Funds lent in using Kiva
  • 4,138.4
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sokyoeurn Chea Village Bank Group's $2,350 loan helped a member to buy more piglets for breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 3, 2009
May 1, 2009
Currency Exchange Loss:
May 18, 2010