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Mrs. Soem Savoeun Village Bank Group
In this Group: Soem, Koem, Khut, Kil, Kung, Kung, Kung, Sorm, Neang, Sokhorn, Kil, Nget, Phal, Thai, Thea
Mrs. Soem S., 41, is the village bank president, having been selected by the fifteen people in this group loan. They will use their portion of the loan for various ways to support their families living in Chen village in Takeo province.

She is a farmer who owns a half hectare plot of land on which she cultivates rice to sell to support her family and she is also a fish seller in the local market where she is able to earn a large profit. She has some problems because her field contains infertile soil. So, to improve production, Mrs. Soem S. is applying for a loan to buy fertilizer and with the rest of the loan she will hire farming laborers.

Her husband, Mr. Ou Ly, is a recycle seller and a pig breeder. Through these activities, they support four children who are attending school.

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
  • 73
    View loans »
    Cambodia Loans Fundraising
  • $41,753,700
    Funds lent in using Kiva
  • 4,215.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Soem Savoeun Village Bank Group's $1,850 loan helped a member to buy fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Aug 30, 2010
Nov 1, 2010
Currency Exchange Loss:
Sep 27, 2011