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Mrs. Sy So Village Bank Group
In this Group: Sy, Nhang, Na, Koemlay, Sean, Muth, Ly, Roem, Horn, Nhoeun, Nim, Lang, Dom, Sarin, Purn
Fifteen people living in Ponley village in Takeo province comprise this village bank group loan, and they will use the loan for various purposes. Mrs. Sy S. is a 63-year-old village bank group president. She is a farmer who owns a plot of land to cultivate rice to earn for living. In this plantation, she faces an obstacle because her field is unfertilized and she does not have enough money to hire a laborer with two oxen to plow the rice field. Thus, she decided to ask for a loan to buy fertilizer and to plow the field. Mrs. Sy S. is a widow with three children, two of whom are employed in a garment factory, while the other attends the local school.

All the members in this group loan are End-of-Term loans, S. 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 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
  • 92
    View loans »
    Cambodia Loans Fundraising
  • $41,820,025
    Funds lent in using Kiva
  • 4,212.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sy So Village Bank Group's $1,575 loan helped a member to buy fertilizer and have the means to plow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Jul 23, 2009
Aug 6, 2009
Currency Exchange Loss:
Aug 15, 2010