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Mrs. Chanthorn Choub Village Bank Group
In this Group: Chanthorn, Mom, Phall, Roeurn, Bon, Sareb, Poa, Khorn, Mon, Mon, Mach, Phoen, Ath
This village loan includes 13 people who live in Krasang village in Kandal province. Mrs. Chanthorn C. is the village bank president. She was selected by all the members. They will use the loan for different purposes. She is a farmer who owns a small piece of land to grow rice. She is not selling the rice. It is just for her family. Her husband, Mr. Chel Cheal, is a construction laborer. They have a problem because the rice field has infertile soil. Thus, in order to improve her rice production, Mrs. Chanthorn C. decided to ask for a loan to buy fertilizer and to hire some laborers to do farming. She is the mother of three children. One of her children is employed in the garment factory, one is a construction laborer, and one is enrolled in the local public school. All the members are shown in the picture, but some of them 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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • 4,172.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Chanthorn Choub Village Bank Group's $1,775 loan helped a member to buy fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2010
Listed
Feb 25, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011