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Mrs. Kai Chhean Village Bank Group
In this Group: Kai, Khorn, Keo, Keng, Koem Lieng, Sophi, Run, Sa Rorn, Pheap, Chraet, Mach, Yoeun, Mon, Thy, Koem Leng
This village bank loan is made up of 15 people who live in the village of Dong in the province of Takeo. Each group member plans to use the loan for individual business purposes.


Mrs. Kai C. is the village bank president, selected by the members. She and her husband, Mr. Leom Sareourn, are farmers. Although they work hard, they still earn less income than is needed to support their family. In order to improve the living conditions of the family, Mrs. Kai C. decided to ask for a loan to buy a sugar cane juice box to start a new business.


Mrs. Kai C. is 40 years old and is the mother of five children who are all attending 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
  • 270
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,176.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Kai Chhean Village Bank Group's $1,750 loan helped a member to buy a sugar cane juice box to start a new business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2009
Listed
Nov 16, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010