Check out some available loans that are similar to this one!
Mrs. Chhorn Chhoeurn's Village Bank Group
In this Group: Chhorn, Yin, Kuy, You, Yem, Leang, Sor, Yung, Leng, Samng, Aeng*, Den, Nut, Noem, Yem, Soamng, Chhen
* not pictured
Mrs. Chhorn C.'s Village Bank consists of seventeen members living in Peareach Village in Kampong Chhnang Province. Each member will use their loan for different purposes.

Mrs. Chhorn C. is the president of the bank and leader of this loan group. She is 24 years old and the mother of two children who both attend the local school. Mrs. Chhorn C. owns a small plot land where she can cultivate rice for a living. Her husband, Mr. CH. Vy, has a small kiln in which he can produce coal to sell. In this business, he now faces a small obstacle because he cannot transport wood in order to make coal. Thus, his wife, Mrs. Chhorn C., decided to ask for a loan to buy a cow cart to help with transport.

This is a village bank loan consisting of mainly end-of-term loans. Nine members have end-of-term loans and the rest have monthly payment loans. Group members are not required to pay any principal on the loan until the very end of the loan term. End-of-term (EoT) loans are AMK's main product because it is the most beneficial to Cambodia's poor. It allows them to repay portions of the principal whenever they are financially able to do so. Most clients start to make payments many months before the end of the loan term. Almost all of AMK's clients make their payments on time. AMK has a delinquency rate of only 0.09% and AMK has a default rate of 0% on Kiva.

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
  • 41
    View loans »
    Cambodia Loans Fundraising
  • $38,738,850
    Funds lent in using Kiva
  • 4,107.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Chhorn Chhoeurn's Village Bank Group's $1,775 loan helped a member to buy a cow cart to transport wood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 19, 2008
Oct 5, 2008
Currency Exchange Loss:
Sep 15, 2009