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Chan Sithy's Group
In this Group: Chan Sithy, Sinary, Sokhan, Ranny, Oun, Sokim, Thol, Pheap, Chanvang, Pisey, Chamroen, Vanny, Heang, Montha, Sam Art, Sokheang, Khaem, Srey, Sokheoun, Maly, Sokheoun, Theary, Chaem, Sophanna, Mach, Vanny, Phat, Nhaeb
Mrs. Chan Sithy P., 23 years old, is married and has a child who is just two years old and not yet I. school. Her husband, Mr. Sopheak Sao, is a soldier while Chan Sithy sells groceries I. Sdau Kanlaeng village I. Kandal province. With both working, they are able to earn a small income to support the family.


Chan Sithy was selected to be the village bank president by its twenty-eight members. She will use her loan to buy more groceries to enlarge her grocery business and so increase the family’s income. The other members of this village bank will use their loans to support their different ventures.

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
  • 115
    View loans »
    Cambodia Loans Fundraising
  • $36,211,875
    Funds lent in using Kiva
  • 4,190.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chan Sithy's Group's $4,875 loan helped a member to buy more groceries to enlarge her grocery business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 27, 2011