Loan Illustration

My husband is responsible for working on our field while I am responsible for raising pigs at home. My pigs are now growing well and soon I can sell them on the…

Agriculture Raising cattle

Cambodia Cambodia

Loan amount €1,160

Funded 100%

by 24 members

Loan fully repaid by the entrepreneur

Disbursement date: 03/01/2012
Final repayment of the loan: 03/01/2013

MicroWorld's investors have funded: €1,160

Sokhun Hean - Purchase cows


Last name: Hean
First name: Sokhun
Gender: Female
Age: 44
Marital status: Married
Number of children: 3
Region: Angkor Cheay
Main activity: Agriculture / Livestock / Raising cattle

Loan Request

Purpose: Purchase cows
Amount: €1,160
Duration: 12 months
Loan type: in fine
The loan is reimbursed in one installment at the maturity date of the project (principal and possible interests).
Note: additional time may be necessary for the funds to be credited on the lenders' accounts due to delays in international transfers.

Borrower's quote

My husband is responsible for working on our field while I am responsible for raising pigs at home. My pigs are now growing well and soon I can sell them on the market. But now local villagers want to sell their oxen at a lower price because they have finished farming so it is a good chance for me to buy them. Every season I spend money on renting oxen from other people, but if I bought them I won't spend much so capital on farming anymore. I decided to ask Samic for some money. With this loan I will buy 2 oxen and 1 cow. I hope that from now on these oxen will earn money from renting them out and reduce my costs in production and make my family living conditions better.

Economic and social context



Known as the Kingdom Of Wonder, and home to the remarkable Angkor Wat temples, Cambodia is still recovering from a turbulent recent history.
Country's key figures - source Worldbank
Population 14,138,255
GNI per capita 750 USD
Economic Growth 6%
Poverty rate (below national poverty line) 30.1%
Unemployment rate 8,1%
Literacy rate (above 15 years of age) 78%
Life expectancy 63 years

MFI Status

This loan is managed locally by our field partner SAMIC which is in charge of administrating the loan and repaying MicroWorld lenders.

You should be aware that lending involves a risk of non-repayment. However, the risk associated with this MFI is considered lower than average.

Rates and transparency

  • This loan is at 0% and does not pay any interest to the lender.
  • The MFI will reimburse the lender in case of default of the entrepreneur but there is no guarantee or insurance given by the MFI.
  • 100% of the money collected is sent to the MFI, even if the project is not fully funded on the site.
  • The MFI then makes a loan to the micro-entrepreneur and charges an interest rate in order to cover its operational and financial costs.
  • The platform earns a commission from the MFI for the service it provides, which helps to fund its running costs.
  • More effective than a simple donation, micro-credit promotes long-term sustainable economic development rather than short term help.
  • Read the model of loan agreement




SAMIC is a licensed MFI that serves over 16,500 clients in urban and rural areas through both group and individual loan products, as well as being one of the few MFIs to offer microinsurance. Started as the credit programme of health NGO, SAMIC became a separate organization in 2005. With a committed staff of 171, strong shareholders, and an experienced management team, SAMIC is aiming to expand its reach to new clients and further its vision of improving the living conditions of the poor in Cambodia.

Key figures - December 2010
Legal StatusNBFI (Non Bank Financial Institution)
Number of Borrowers20,597
Portfolio Size$11,950,300
PAR (Portfolio at Risk)0.91%
R.O.A (Return on Assets)4.65%
Social indicators
Average loan /GNI per capita88.5%
Percentage of women borrowers81%
Saving accounts openedNo (legal status)
Collaterals requiredOnly partially for group loans
Early repayment/administrative feesNone
Insurance offeredYes
Interest rate charge methodologyDeclining balance