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Mrs Chhuon Chantha's Group
In this Group: Chhuon, Khom, Chhoun, Mao
Four people in Preak Thom village in Kandal Province make up this group and Mrs Chhuon C. is the group leader. She is a security guard in a company. Her husband, Mr Or Ti, is a wedding chef in the local village. Since their workplace is too far from home and they typically spend a lot of money on their transportation, Mrs Chhuon C. decided to ask for a loan to add to her savings to buy a motorbike for going to work. She hopes to reduce her family's expenses with this loan.


Mrs Chhuon C. is 38 years old and the mother of five children, one of whom is a tailor while the others are attending school.


Mrs Chhuon C. will share this loan with the other members of her group.

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
  • 118
    View loans »
    Cambodia Loans Fundraising
  • $36,207,750
    Funds lent in using Kiva
  • 4,157.4
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs Chhuon Chantha's Group's $600 loan helped a member to buy a motorbike for going to work.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 25, 2008
Listed
Sep 11, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009