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Mrs. Chandoeurn Chen Village Bank Group
In this Group: Chandoeurn, Shineng, Chhi, Samoen, Nary, Khon, Sokhorn, Phoung, Vang, Me
Ten people who are all living in Preak Reussei village in the Kandal province make up this village bank loan group. They all will use the loan for different purposes.

Mrs. Chandoeurn C. is the village bank president who has been selected the members. She is a farmer who owns a piece of land for cultivating rice. For this plantation, she faces an obstacle because she does not have enough money to buy rice seeds, fertilizers and gasoline to pump water to support the field. Her husband, Mr. Chea Thoeurn, is a construction worker. Mrs. Chandoeurn C. is 28 years old and the mother of three children, one of whom is attending the local school while the others are too young to work or study.

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
  • 125
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 4,150.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Chandoeurn Chen Village Bank Group's $1,300 loan helped a member to buy rice seeds, fertilizers and gasoline to pump water to support the field.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010