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Chantha's Group
In this Group: Chantha, Phearom, Sron, Somaly, Chanthorn, Morn
Mrs. Chantha N., age 41, is the group leader for the loan group. She was selected by its five members. All of the group members live in Preaek Samraong Village, Takeo Province. With their loan, each member of this village bank hopes to increase his or her income to improve the living of their family.


Mrs. Chantha N. is a vegetable seller in the local market. She is able to earn a small income to support her family. In order to support this business, she will use the loan from AMK to buy more vegetables to sell.


Her husband, Mr. Sam Ol Lay, is a construction worker who is also able to earn a small income to support his family.


This couple has six children. One is a construction worker, one is an iron welder, and one is a vegetable seller. Two of their children are students at the local school, while the smallest, age 5, is not yet in 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
  • 111
    View loans »
    Cambodia Loans Fundraising
  • $35,864,650
    Funds lent in using Kiva
  • 4,190.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chantha's Group's $550 loan helped a member to buy more vegetables to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011