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Srey Chou's Group
In this Group: Srey Chou, Shim, Koen, Sok Leang, Ya, Chantha, Pov, Lun, Chreb, Sophea, Sochea
This group loan, consisting of eleven people, is located in Preak Ta Choar village in Kandal province. Mrs. Srey Chou C. is a 27-year-old married woman and the village bank president selected by all the members. Each member of this village group will use the loan to support their different purposes.

Mrs. Srey Chou C. and her husband, Mr. Hoeun Hieng, are farmers who own a plot of land on which they cultivate vegetables. Mrs. Srey Chou C. is also a vegetable seller who earns a small income to support her family. Since her vegetable selling is going well, she wants to expand it. She decided to ask for a loan to buy more vegetables to sell. This couple has three children: two attend the local school while the youngest one is 4 years old.

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
  • 204
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • 4,198.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Srey Chou's Group's $2,000 loan helped a member to buy more vegetables to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2010
Listed
Apr 22, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2011