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Mrs. Sao Chantha Village Bank Group
In this Group: Sao, Un, Meas, Lor, Mam, San, Bith, Pheng, Pheum, Sam, Hun
This village bank loan consists of 11 people who live in Preaek Traeng village in Kandal province. Mrs. Sao C. is the village bank president who has been selected by the other members. The members will use their portion of the loan for different purposes to improve their family living. She is a vegetable seller in the local market where she is able to earn some money to support her family. Since her business is going well, she wants to expand. Therefore, Mrs. Sao C. is requesting a loan to buy more vegetables to resell. Her husband, Mr. Moeun S., is a teacher in the local school who gets a small salary to support his family. This couple has three children, one of whom is a construction worker, one is employed in pure water production and the other is a student.

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
  • 203
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • 4,034.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sao Chantha Village Bank Group's $1,675 loan helped a member to buy more vegetables.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 1, 2012