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Chanthol's Group
In this Group: Chanthol, Sokha, Vanno, Nat, Sok Im, Soen, Pech, Sokpheap, Chim, Hoy, Seingdy, Im, Kun, Riem, Sat, Ren, Bun, Bunnath, Phall, Sary, Hean
Mrs. Chanthol K. is 52 years old, and a village bank president. She has been selected as president by the group members, who will use the loan for different purposes. This village bank loan group consists of 21 members who all live in Damnak Sangkae Village in Kandal Province. Mrs. Chanthol K. is a farmer who owns a plot of land for growing rice. Her husband, Mr. Sem Som, owns three trucks for transporting soil to resell. However hard this family tries to earn money with their business, they still earn less income than is needed to support their family. Thus, Mrs. Chanthol K. decided to request a loan to start a new career in buying piglets for breeding. This couple has four children who are studying at a local public school. All the members are shown in the picture but some of tH. 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
  • 165
    View loans »
    Cambodia Loans Fundraising
  • $35,951,550
    Funds lent in using Kiva
  • 4,163.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chanthol's Group's $3,275 loan helped a member to buy piglets to raise.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2009
Listed
Jan 16, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010