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Mrs. Chanthy Nhem Village Bank Group
In this Group: Chanthy, Sorn, Sambath, Soeng, Phorn, Ngin, Chanak, Samorn, Kan, Phai, Thuok, Thorn, Chan Doeun, Hong, Sothy, Saroeun, Sarim
Seventeen people who are located in Tang Nheat village in Takeo province make up this village bank loan. All the members in this village bank loan will use the loan that they obtain for different purposes. Mrs. Chanthy N. is the village bank president who has been selected by the members.

Mrs. Chanthy N. is a silk weaver in the local village. Since this business is going well, she wants to expand it so she decided to ask for a loan to buy more silk to weave for her customers.

Mrs. Chanthy N. is 25 years old and the mother of two children who are both too young to work or study because they are at the ages of 4 years and 8 months respectively. Her husband, Mr. Tuy Vannak, is a farmer and he also helps his wife in the business.

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
  • 282
    View loans »
    Cambodia Loans Fundraising
  • $38,170,450
    Funds lent in using Kiva
  • 4,151.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Chanthy Nhem Village Bank Group's $2,250 loan helped a member to buy more silk to weave for her customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 17, 2009
Nov 1, 2009
Currency Exchange Loss:
Oct 15, 2010