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Mrs. Sithim Hai Village Bank Group
In this Group: Sithim, Sokh, Nhoeb, Sren, Choeurn, Sokung, Malay, Phally, Heak, Son, Thach, Channa, Thary, Koemsoeurn
Fourteen people make up this village bank loan group and they live in Cheung Loung village in Takeo province. They will use the loan for different purposes so that it can improve their businesses in the future.

Mrs. Sithim H. is the village bank president who has been selected by all the members. She is a weaver working at her home and her husband, Mr. Soch Nob, is a fisherman and aside from this, he is a farmer who owns a 1.70-hectare plot of land to cultivate rice on to support his family. Since her weaving business is going well, she wants to expand it. So to improve her business, Mrs. Sithim H. is seeking a loan to buy silk. She is the mother of a child who is too young to work or study.

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
  • 53
    View loans »
    Cambodia Loans Fundraising
  • $41,847,450
    Funds lent in using Kiva
  • 4,228.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sithim Hai Village Bank Group's $1,950 loan helped a member to buy silk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 8, 2010
Jun 1, 2010
Currency Exchange Loss:
May 15, 2011