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Mrs. Pheon Chan Village Bank Group
In this Group: Pheon, Veasna, Sokkung, Sophal, Kem, Van, Thorn, Lom, Tuch, Pech, La, Mouy Ly, Sam Art, Chan Hok, Sarum
Mrs. Pheon C. is 61 years old. She is the village bank president of 15 members who all live in Anlong Romiet Khang Tbou village in Kandal province. Mrs. Pheon C. is a grocer and her husband, Mr. Orel Loem, is a farmer. They own two hectares of land for growing rice to support their family. This family now faces a big problem because their rice field has interfile soil. Thus, Mrs. Pheon C. decided to apply for a second loan to bU. fertilizer to increase their rice yield. This couple has three children. One of the children is employed in a garment factory; one helps selling groceries and the other is studying at the local public 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
  • 113
    View loans »
    Cambodia Loans Fundraising
  • $36,560,025
    Funds lent in using Kiva
  • 4,157.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Pheon Chan Village Bank Group's $2,375 loan helped a member to buy fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2009
Listed
Jan 12, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011