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Chanthoeurn's Group
In this Group: Chanthoeurn, Sa Em, Srey Neang, Nay, Kao, Sitha, Korng, Net, Son, Romduol, Sokunthea, Samoeun, Thavry, Pheap
This group loan, which consists of fourteE. people is located in Kandoeng Thum village, in Kandal province. Mrs. Chanthoeurn E. is 49 years old and is the village bank president who has beE. selected by all the members. Each member of this village loan will use it to support their different purposes. Mrs. Chanthoeurn E. is a grocery seller who can earn a small income to support her family's costs of living. Since this business is going well she wants to expand it, so she decided to ask for a loan to purchase more groceries to sell. Mrs. Chanthoeurn E. is a widow with four childrE.; two are seamstresses in the garment factory and one is a student and also supports her mother's business 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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $36,211,875
    Funds lent in using Kiva
  • 4,229.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chanthoeurn's Group's $2,200 loan helped a member to ask for a loan to purchase more groceries.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011