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Chea's Group
In this Group: Chea, Eang, Srey, Oun, Tim, Chea, Chea, Chea, Srey, Sun, Cheam, Soeurn
Chea H., a 46-year-old married woman, is the village bank president, having been selected by its twelve members. They are living in Lvea Sa Kraom village, in Kandal province. With the loans, the members will use the money to support their different purposes.

Chea H. and her husband, Mr. Kong Rorn, are farmers who own 1.50-hectare of land which they use to cultivate rice for a living. They need assistance with this venture, so Chea H. would like to ask for a loan to buy fertilizer and oil for cultivating rice.

This couple has two children; one is a seamstress in a garment factory and the other one is a construction worker.

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
  • 242
    View loans »
    Cambodia Loans Fundraising
  • $37,076,725
    Funds lent in using Kiva
  • 4,055.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chea's Group's $1,825 loan helped a member to buy fertilizer and oil for cultivating rice.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012