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Mrs. Lorn Chhim Village Bank Group
In this Group: Lorn, Ti, Thy, Som Ang, Ly, Samean, Pov, Rith Thisack, Saroem
The village bank is located at Ta Reap Doun Sor village in Kandal province. It consists of nine people, all of whom will use the loan for different purposes. Mrs. Lorn C. is the bank president and is a farmer. She owns 0.5 hectare land, where she cultivates rice for a living. Her husband, Mr. Long Dy, is a fisherman who is currently facing a small problem - he does not have enough fishing nets to catch fish; hence Mrs. Lorn C. is asking a loan to buy the necessary fishing tools that her husband will require for fishing. She hopes that the tools will increase the number of caught fish for sale. Mrs. Lorn C. is the mother of three children, one of whom is in military police and makes a small salary to support the family, while the other two attend the local 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
  • 280
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,154.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Lorn Chhim Village Bank Group's $1,325 loan helped a member to buy necessary fishing tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2009
Listed
Jul 12, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010