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Mrs. But Chan Village Bank Group
In this Group: But, Hai, Kheam, Rith, Channa, Kan, Phat, On, Pov, Lieng Heng, Srey Touch, Si Keo, Vanna, Thol
Mrs. But C. is the village bank president. She is 53 years old. She was selected by the 14 members who will use their portion of the loan for different purposes. They are all located in Prey Mul village, Takeo province. She is a farmer who owns a plot of land to cultivate rice to support her family. She is a widow with six children. One of the children is a translator, one is a seamstress in a garment factory, and the others attend school and help do the farming. Her problE. is that her children's work place is far away from her home. So to solve this problE., Mrs. But C. is asking for a loan to buy a new motorcycle for her children's transportation.

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
  • 116
    View loans »
    Cambodia Loans Fundraising
  • $35,862,650
    Funds lent in using Kiva
  • 4,198.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. But Chan Village Bank Group's $2,125 loan helped a member to buy a new motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011