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Chhoen's Group
In this Group: Chhoen, On, Sarem, Yut, Saroun, Sokhoen, Chanthea, Nary, Phalla, Yen, Sopheak, Sina, Sokhom
Thirteen members make up this village bank loan group. Mr. Chhoen Y., who was born in 1956, was selected as the village bank president. They are from Boeng Krum Leu village, Kandal province. Each member of this village loan will use their portion for different purposes. Mr. Chhoen Y. and his wife, Mrs. Phany Ol, raise pigs at home. In order to support this business, Chhoen Y. will use the loan to buy piglets to raise and pig food. Aside from being a farmer, Chhoen Y. is also carpenter. With both occupations, they are able to earn a small profit to support their family. The couple has four children who are all seamstresses in the garment factory.

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
  • 37
    View loans »
    Cambodia Loans Fundraising
  • $38,708,425
    Funds lent in using Kiva
  • 4,195.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chhoen's Group's $2,325 loan helped a member to buy piglets to raise and for pig food.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 30, 2010
Oct 1, 2010
Currency Exchange Loss:
Sep 27, 2011