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Mrs. Chamroeun Born Village Bank Group
In this Group: Chamroeun, Kimloth, Naisroeun, Run, Yann, Bo, Mom, Khorn, Ny, Kimlon, Nath, Eun, Soklon, In, Sok, Khorn, Yen, Khom, Yorn, Pich, Kong
The village bank loan consists of nineteen people who all live in Trapeang Veaeng village in Takeo province. Mrs. Chamroeun B. is the village bank president, selected by the members. She is a farmer who owns a 1-hectar field of land to cultivate rice. Aside from this plantation she is a weaver. Now she is requesting a loan to buy more raw materials for her weaving. She hopes to increase her income and improve her family's life with this loan. Her husband, Mr. Tun Heng Ly, is a teacher in a high school in the local district. Mrs. Chamroeun B. is 55 years old and the mother of three children, one of whom is a beautician, another is employed in an organization, and the remaining attends the local school. All the members are presented in the picture bU. some of them are blocked.

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
  • 208
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 4,161.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Chamroeun Born Village Bank Group's $2,225 loan helped a member to buy more raw materials for her weaving.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2009
Listed
Nov 16, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010