Check out some available loans that are similar to this one!
Chan's Group
In this Group: Chan, Arm, Huonthy, Navy, Savoeun, Sovann, Touch, Saly, Sokman, Chai Lang, Kan, Phally, Chenda, Null, Many
Mr. Chan N. is is 29 years old and from Run village in Takeo province. He is a motorbike taxi driver, and his wife, Mrs. Oun Phem, is a farmer who owns a plot of land on which she grows crops. The couple has four children between six and sixteen years of age, and they are all students in the local school.


Chan is the village’s president of a loan group consisting of fifteen members. While each member of the group receives an individual loan, they are all collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. In his case, Chan is requesting 800,000 KHR from AMK to buy lumber to repair his home.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 102
    View loans »
    Cambodia Loans Fundraising
  • $35,470,050
    Funds lent in using Kiva
  • 4,185.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chan's Group's $2,600 loan helped a member to buy lumber to repair his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2010
Listed
Feb 17, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011