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Chom's Group
In this Group: Chom, Sok, Chuob, Chom
Mrs. Chom S. is a 33-year-old woman married to Mr. Phat Sophea, who is 32 years old and works as a construction worker. They have a child, who just a year old. Chom is the leader of a group loan who was selected by its four members located in Trapeang Chak village, Kandal province.


Chom earns a living as a seamstress in a garment factory. With both of their jobs they are able to earn a small income that supports their family. In order to increase their income and improve the family’s standard of living, Chom decided to ask for a loan to buy a cow for breeding. With this new business they hope that their family’s life will improve.

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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • 4,215.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chom's Group's $450 loan helped a member to buy a cow for breeding.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 1, 2011