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Mrs. Khon Chum Village Bank Group
In this Group: Khon, Hon, Sreivoang, Sat, Soeun, Sean, Pao, Khaem
Eight people make up this village bank loan. They are villagers in Boeng Khpob village. Mrs. Khon C. is the village bank president, 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 cultivate rice to support her family. Besides this, she is also a pig breeder. Her husband, Mr. Chhou Hieng Sorn, is a construction worker. They have some problems because they have some piglets that are too small to sell. Thus, Mrs. Khon C. decided to ask for a loan to buy pig food and rest of the loan she would like to buy gasoline and fertilizer for farming. She is a mother of two children, one of whom is an iron welder, and the other attends the local public 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
  • $35,859,500
    Funds lent in using Kiva
  • 4,127.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Khon Chum Village Bank Group's $1,275 loan helped a member to buy gasoline and fertilizer for farming.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2010
Listed
Mar 15, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 29, 2011