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Choun's Group
In this Group: Choun, Chhiv, Aok, Mam, Aom
Five members form this group loan. Mr. Choun is the group leader. He was selected as the group leader by the other members.

Mr. Choun was born in 1974 and is married to Mrs. Oem, born in 1982. They have three children who all are attending the local school.

Mr. Choun and his wife are recycling sellers who are able to earn a small income to support their family. In order to improve this business, Mr. Choun would like to ask for a loan to buy more recycled goods to resell. They also earn a living by growing herbs, and also as laborers.

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
  • 3,965.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Choun's Group's $875 loan helped a member to buy more recycled items to resell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2011
Listed
Apr 21, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2012