Chhim Samy's Group

Chhim Samy, 55, has been chosen to be leader by other members of this group loan. Chhim Samy currently owns a bicycle, which she uses for riding to buy used goods at the cheapest price door-to-door and then sells them out to gain a profit. She is a married woman blessed with two children, one of whom is married and lives separately, whilst the other one is still living in the family home. Another source of income is from her husband who works in construction. Chhim Samy is applying for a loan to purchase an old motor for her family’s traveling needs. This will help the family reduce paying tax costs. The other three borrowers who are jointly taking this loan are:
May, a farmer, who is asking for a loan to buy piglets to raise.
Map who will be using the loan to decorate her house.
Lanh who will take out this loan to buy a used motor to make the family's transportation easier.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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