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Mrs. Koeun Chea Village Bank Group
In this Group: Koeun, Hoeun, Srey, Dary, Lat, Ret, Phichleang, Ngich, Channa, Thavy, Suphan, Yet, Meung, Keo, Kamsat
This village bank loan consists of fifteen people located in Chong Kaoh-I village, Kandal province. They have selected Mrs. Koeun C. as the village bank president. The members will use their portion of the loan in varied ways.

Mrs. Koeun C., who is 45 years old, is a congee (a type of rice porridge) seller in the local village while her husband, Mr. Him S., is a farmer who owns a plot of land where he grows crops to sell to support his family.

But now, Mrs. Koeun C. has some problems because her husband’s field is infertile and it has a lot of insects. So, to improve production, she is requesting a loan to buy fertilizer and pesticide.

Mrs. Koeun C. is the mother of two children, one of whom is helping his father to farm, while the other is attending 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
  • 118
    View loans »
    Cambodia Loans Fundraising
  • $36,207,750
    Funds lent in using Kiva
  • 4,260.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Koeun Chea Village Bank Group's $2,650 loan helped a member to buy fertilizer and pesticide for her husband's farm.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 29, 2011