Check out some available loans that are similar to this one!
Mrs. Chroeun Seng Village Bank Group
In this Group: Chroeun, Reth, Na, Phon, Koem Srorn, Yan, Yen, Lok, Sarin, Phorn, Rong, Mom, Theavy, Touch, Mach, Oun
This village bank loan has sixteen members who live in Phnum Lonteah village in Takeo province. They will each use the loan for a different purpose.

Mrs. Chroeun S. is the village bank president who has been selected by the members. She is a farmer who owns a small 1.5-hectare (3.75-acre) piece of land on which she cultivates rice to support her family. Her husband, Mr. Saret Phor, is a motorbike taxi driver.

In the rice field, they have a problem because it is time to farm but they do not have enough money to grow their crop. Hence, Mrs. Chroeun S. decided to apply for a loan to grow rice during this growing season.

This couple has four children, three of whom are attending the local public school, while the other is too young to go to school or work.

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
  • 187
    View loans »
    Cambodia Loans Fundraising
  • $37,012,675
    Funds lent in using Kiva
  • 4,182.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Chroeun Seng Village Bank Group's $2,350 loan helped a member to grow rice during this growing season.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2010
Listed
Mar 22, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011