Check out some available loans that are similar to this one!
Mrs. Ken Chhoeng Village Bank Group
In this Group: Ken, An, Phan, Ken, Pheap, Phat, Phal, Seab, Soaphea, Roeun, Phea, Phoeun, Sok, Ton, Sea, Pan, Pean, Nom
Mrs. Ken C. works as a pig breeder at home. Her husband, Mr. Sang Sem, is a farmer who owns a 1 hectare plot of land to cultivate rice to support the family. With this activity, the couple supports three children: two of whom are enrolled in the local public school while the youngest one is 5 years old. Nowadays, they have some problems because it is time to plant, but they do not have enough rice seed and the field has infertile soil. So, to improve production, Mrs. Ken C. is requesting a loan to buy rice seed and fertilizer.

Eighteen people make up this village bank loan and they are villagers in Rovieng village in Takeo province. Mrs. Ken C. is the village bank president, selected by the other members. They will each use a small piece of the loan for different purposes.

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
  • 267
    View loans »
    Cambodia Loans Fundraising
  • $37,507,325
    Funds lent in using Kiva
  • 4,250.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Ken Chhoeng Village Bank Group's $1,700 loan helped a member to buy rice seed and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 26, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 7, 2011