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Chum's Group
In this Group: Chum, Shum, Eam, Ros, Uch, Bun, Chhiv, Mee, Ell, Thoeung, Yoeng, Kong, Ork, Seoung, Haem, Doem
Chum C. is a 44-year-old married woman and the village bank president selected by its 16 members, all living in Daeum Rues village, Kandal Province. The members will use their portion of the loan for various purposes.



Chum C. earns her living by selling Khmer cakes in the local market, using her profits to support her family and save for the future. Since her business is going well, she is requesting a loan to buy more Khmer cake supplies to expand her business activities. Her husband, Mr. Sambath Preap, 45 years old, is a farmer who owns 1.20 hectares upon which he cultivate rice; he also helps in his wife's business activities. This couple has a child who is a student at the local 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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 4,215.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chum's Group's $2,750 loan helped a member to buy more Khmer cake supplies to continue and expand her business activities.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 27, 2011