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Choeun's Group
In this Group: Choeun, Peang, Kruy, Kork, Plek, Kruy, Chamreun, Po, Ban, Kry, Khleng, Miech, Dos, Phe, Kry, Saroeurn, Mey
This village bank loan consists of seventeen members located in Kandal Kaoh Touch village, Kandal province. Mrs. ChoeU. S., who was born in 1970, is the village bank loan group leader selected by the other members.

She and her husband, Mr. Soa BunthoeU., are farmers who own a plot of land on which they grow spring onions, peanuts and different vegetables which they sell to support their family. Mrs. ChoeU. S.'s husband also earns his living by plowing other farmers' rice fields.

Mrs. ChoeU. S. would like to ask for a loan to buy spring onion seeds for growing. This couple has five children: one is a seamstress in a garment factory and the others are students who help their parents with the farming.

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
  • 292
    View loans »
    Cambodia Loans Fundraising
  • $37,541,925
    Funds lent in using Kiva
  • 4,020.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Choeun's Group's $2,750 loan helped a member to buy spring onion seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012