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Mrs. Chuk Srey Touch Village Bank Group
In this Group: Chuk, Mao, Chor, Penh, Sou, Penh, Srah, Yorn, Penh
Nine people make up a village bank loan group located in Run village in Takeo province. They will use their portion of the loan for varied ways to support their families. Chuk S. T. is the president of the group. She was selected by the other members. She owns a general store in local village where she earns money by selling groceries to support her family. Since her business is doing well, she wants to expand. Chuk S. T. is requesting a loan to buy more groceries to sell. Her husband, Vannak Sien, is a farmer who owns a very small piece of land where he grows rice to sell to support his family. The couple supports three children, one of whom is employed in a garment factory, one of whom is a laborer, and one of whom attends the local 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
  • 306
    View loans »
    Cambodia Loans Fundraising
  • $37,569,750
    Funds lent in using Kiva
  • 4,035.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Chuk Srey Touch Village Bank Group's $975 loan helped a member to purchase groceries.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2012