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Chhon's Group
In this Group: Chhon, Sam, Saing, Srey, Phy, Chin, Thou, Hing, Van, Lonh, Kam, Pheng, Pong, Um, Sok, Sain
Mr. Chhon is a married man who was born in 1975. He was selected to be the bank president of this village group loan by the other members. The member of this village loan will use their money to support their different purposes.

Mr. Chhon's wife, Mrs. Meas, is a grocery seller in the local village who is able to earn a small income to support her family. Since this business is going well, Mr. Chhon would like to ask for a loan to buy more groceries to expand his wife's business activities. This couple has two children: one is a student and the youngest one is a year old.

Mr. Chhon is a farmer who owns a 1-hectare plot of land which he uses to grow rice for a living.

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
  • 330
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 4,005.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chhon's Group's $2,650 loan helped a member to buy more inventory for his wife's grocery store.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 30, 2012