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Chhil's Group
In this Group: Chhil, Mak, Chhann, Soem, Vong, Pa, Uy, Chea, Thai, Chea, Chhil, Bou, Kong, Sorphorn
This village bank loan consists of fourteen people who live in Prey Snuol village in Takeo province. Mrs. Chhil H. been selected by the other members as the village bank president. Each borrower will use their portion of the loan for different purposes to improve their family's living situation. Chhil is a farmer who owns a half-hectare plot of land where she grows rice to support her family. Her husband, Mr. Kan Keb, is a construction worker. She is the mother of three children: one is a construction worker and one is a laborer. The third is a vegetable seller in Phnom Penh city, who needs a new motorbike for transportation to sell vegetable. Mrs. Chhil H. is seeking for a loan to supplement her savings to buy a new motorbike.

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
  • 202
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • 4,045.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chhil's Group's $2,600 loan helped a member to add to her savings to buy a new motorbike.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2010
Listed
Feb 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 1, 2012