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Chhuorn Rours Village Bank Group
In this Group: Chhuorn, Sara, Chhayny, Sreimach, Ly, Vuthy, Sovanny, Sithan, Sokha, Mom, Savourn, Savorn, Soart, Rithratha, Marany, Reth
Sixteen people living in Dei Edth Kaoh Phos village in Kandal province comprise this village bank loan, and they will use the loan for various purposes. The group president is Mrs. Chhuorn R., a 56- year-old who aL. with her husband, Mr. Koeut Saroeun, makes and sells rice wine. The couple have five children who are pig breeders. Since their pig breeding business is doing well, they want to expand it. Thus, Mrs. Chhuorn R. decided to ask for a loan to buy more piglets for breeding. She hopes to increase income and improve her family living conditions with this loan.

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
  • 209
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • 4,145.6
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chhuorn Rours Village Bank Group's $2,325 loan helped a member to buy more piglets for breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2009
Listed
May 7, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010