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Mrs. Chan Sok Heng Village Bank Group
In this Group: Chan, Chan, Horm, Kaem, Ouch, Ouch, Suos, Suon, Khoem, Khatt, Oun, Khoem, Uon, Srey Mom
This village bank loan is comprised of fourteen people who have selected Mrs. Chan S. H. to be village bank president. They will use their loan amounts for various purposes in order to support their families located in Prey Khla village, Takeo province.

Mrs. Chan S. H. is a farmer who owns a half-hectare plot of land where she grows rice to sell to support her family. Aside from farming she makes thatch to sell. She tries to work hard but she can earn only a little money to support her family. To increase her income, Mrs. Chan S. H. is applying for a loan to buy some piglets to raise to start a new business. With the remainder of the loan she plans to buy a bicycle to use.

She is a widow with five children, two of whom are employed in garment factories and the others are studying in the public 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
  • 237
    View loans »
    Cambodia Loans Fundraising
  • $37,070,300
    Funds lent in using Kiva
  • 4,050.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Chan Sok Heng Village Bank Group's $2,050 loan helped a member to buy some piglets and a bicycle for transport.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2010
Listed
Dec 8, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012