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Chan's Group
In this Group: Chan, Pum, Nhoek, Pum, Luy
This five-person loan group is made up of people who live in Kokir Thum village in Kandal province. The person chosen by the group as its leader, Mrs. Chan S., was born in 1959, and makes a living by farming a one-hectare plot of land with her husband, Mr. Pok Sakhorn. Their main crops are corn and cucumbers, and she will use her portion of this loan to buy more seeds to plant. The couple has five children: one is a farmer, two are laborers, and the other three are students.

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
  • 125
    View loans »
    Cambodia Loans Fundraising
  • $36,207,275
    Funds lent in using Kiva
  • 4,040.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chan's Group's $525 loan helped a member to buy corn seeds and cucumber seeds for a small farm.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2011
Listed
Feb 8, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 1, 2012