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Mr. Chheun Chhil Village Bank Group
In this Group: Chheun, Chanda, Phos, Khorn, Phuong, Sophal, Von, Nhor, Sary, Saophorn, Vanny, Soklorn, Phal, Maoh, Sas, Seth
Sixteen people, who make up this village bank loan, live in Krang Chheu Neang village in Kandal province. They will use the loan for different purposes.

Mr. C. C. is the village bank president who has been selected by all the members. He is a rice middleman and his wife, Mrs. Phorll Pou, is a pig breeder in her house. Since his business is going well, he wants to expand. Thus, Mr. C. C. decided to request a loan to buy more rice for re-selling. Through this activity, the couple supports five children, three of whom are seamstresses in a garment factoR., and the others are enrolled in a 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
  • 218
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 4,257.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Chheun Chhil Village Bank Group's $1,600 loan helped a member to buy more rice for re-selling.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2010
Listed
Mar 25, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 29, 2011