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Chhiev's Group
In this Group: Chhiev, Kiel, Pho, Huon, Pit, San, Dourng, Mao, Duorng, Mom, Choup, Noun, Loem, Phorng, Khuon, Mrs. Suon, Mao
This village bank loan consists of seventeen members. They are living in Prey Prasat village in Kandal province.

Mrs. Chhiev K., married woman, was born in 1972, and she is a village bank president. She was selected to be the village bank president by the other members. She is a congee (rice porridge) seller in the local village. Since her business is doing well, she wants to expand it. Thus, she would like to ask for a loan to purchase more congee supplies to enlarge her business activities. Her husband, Mr. Phang Sandap, is a construction worker. With their occupations, they are able to earn a small income to support their family living.

This couple is working to support their four children: three are attending a local school and the youngest is 3 years old.

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
  • 201
    View loans »
    Cambodia Loans Fundraising
  • $37,037,925
    Funds lent in using Kiva
  • 4,040.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chhiev's Group's $2,900 loan helped a member to purchase more congee ( rice porridge) supplies to enlarge her business activities.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2011
Listed
Feb 10, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012