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Chanthy's Group
In this Group: Chanthy, Leng, Sopha, Sopha, Sam Ol, Khoeurn, Neth, Saream, Shina, Savoen, Rany, Savon, Saveth, Seng, Sreysros, Chenda, Siya, Dy, Sokhoeun, Poeu
Mrs. Chanthy C. is 51 years old and is the village bank president who was selected by all the members. She lives in Sdao Kanleng village in Kandal province. Each member of this village loan will use it to support their different purposes. Mrs. Chanthy C. is a congee (rice porridge) and Chinese noodle seller who owns a motorcycle to support her business activities.

She is requesting a loan to repair her motorcycle, and the rest of the loan she wants to use to support her congee business. Mrs. Chanthy C. is a widow with two children who are all students.

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
  • 127
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 4,219.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chanthy's Group's $2,700 loan helped a member to repair her motorcycle and to support her congee business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2010
Listed
Apr 23, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011