Check out some available loans that are similar to this one!
Mrs. Chann Sim Village Bank Group
In this Group: Chann, Srorn, Tib, Da, Yeth, Leang Y, Touch, Chem, Sor, Kan, Ngeit, Thorn, Ngov, Sokha, Sokheoun, Sopheap, Vichaka, Neoun, Touch, Srey, Sareoun
Twenty one people who are all living in Troeuy Troeng village in Kandal province make up this village bank loan. They will each use the loan for a different purpose. Mrs. Chann S. is the village bank president who has been selected by the members.

Mrs. Chann S. is farmer who owns a 2-hectare (5-acre) field on which she cultivates rice. On this plantation she faces an obstacle because she does not have enough money to buy rice seed. In order to solve this problem, she decided to ask for a loan.

Her husband, Mr. S. Sal, is a fisherman. This couple has five children, one of whom is employed in a garment factory while another is an electrician and the others are enrolled in 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
  • 129
    View loans »
    Cambodia Loans Fundraising
  • $36,596,800
    Funds lent in using Kiva
  • 4,150.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Chann Sim Village Bank Group's $3,350 loan helped a member to buy rice seed for her rice field.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2009
Listed
Nov 16, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010