Check out some available loans that are similar to this one!
Mrs. Chum Seam Village Bank Group
In this Group: Chum, Tit, Seam, Sophea, Sim, Lous, Noeng, Saroeurn, Sok Ly, Sophea, Sinit, Sok, Sov, Soda, Sreth
The 15 people in this village bank loan live in Ampil Kaeut village in Takeo province. Mrs. Chum S. is the village bank president, selected by all the members. Each member will use the loan for a different purpose. She is a weaver at her home. Since her business is going well, she wants to expand. So to improve her business, Mrs. Chum S. is asking for a loan to buy more silk. Her husband, Mr. Pheng Boeng, is a farmer who owns a small piece of land to cultivate rice to support his family and he is a construction laborer too. She is a mother of three children. One of her children is also a weaver, one is a teacher, and one is a beautician.

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
  • 192
    View loans »
    Cambodia Loans Fundraising
  • $37,037,925
    Funds lent in using Kiva
  • 4,180.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Chum Seam Village Bank Group's $2,225 loan helped a member to buy more silk.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011