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Mrs. Chanthoeun Om Village Bank Group
In this Group: Chanthoeun, Pech, Yoeun, Leng, Sorn, Nan, Mony, Chanthy, Sreyaun
Mrs. Chanthoeun O. is 42 years-old and the village bank president for a group loan which includes nine people in Boeng Leach village in Takeo province. The members of the group loan plan to buy supplies, equipment and other items for various purposes.

Mrs. Chanthoeun O. is a farmer who owns a piece of land to grow crops. Her husband, Mr. Sor Phorn Nhim, is a laborer who earns a small income to support the famiL. living. In order to increase their income and improve the famiL. lifestyle, Mrs. Chanthoeun O. is asking for a loan to buy a furnace for cremation. This couple has a child who is attending in the local 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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $36,585,575
    Funds lent in using Kiva
  • 4,191.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Chanthoeun Om Village Bank Group's $1,500 loan helped a member to buy a furnace for cremation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Mar 10, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011