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Chhon's Group
In this Group: Chhon, Neang, San, Chakriya, Horn, Vanna
The Village Bank consists of six members who reside in Lvea Sor Kandal Village in Kandal Province, each planning to use their share of the loan for different purposes. Elected by the members, Mrs. Chhon S., a 51 year-old-widow and mother of a child employed in a garment factory, is the group leader. Chhon is a farmer who owns a plot of land upon which she cultivaT. both rice and vegetables to earn a living. As well, she is a vegetable seller.



Since this business is going well, she wants to expand it and so is requesting a loan to buy more vegetables to sell.

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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $36,160,175
    Funds lent in using Kiva
  • 4,117.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chhon's Group's $875 loan helped a member to buy more vegetables to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2008
Listed
Nov 24, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 24, 2009