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Mrs. Chanry Un Village Bank Group
In this Group: Chanry, Savath, Panha, Ra, Yorn, Saing, Vannak, Pheng, Seik Leang, Reasmey, Channa, Navy, Savoen, Ny, Noeun, Ra, Pheach
Seventeen people who live in Srae Ampil village in Kandal province make up this village bank loan. They will all use the loan for different purposes to support their businesses in the future. Mrs. Chanry U. is the village bank president, and has been selected by all the members. She owns a general store, and earns some money from selling groceries. Since her business is going well she wants to expand it. Therefore, Mrs. Chanry U. is seeking a loan to buy more groceries to add inventory in order to increase her income this year and in the future. Her husband, Mr. Sophal Choem, has a trailer he uses for business. They support three children who are studying at the local public school.

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
  • 110
    View loans »
    Cambodia Loans Fundraising
  • $36,190,425
    Funds lent in using Kiva
  • 4,180.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Chanry Un Village Bank Group's $2,975 loan helped a member to buy more groceries to add inventory.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011