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Chun's Group
In this Group: Chun, So, Yen, Van
This is a small group of three members.

Mrs. S. was selected to be group leader. Chun S., 26, is an ice-cream seller in Battambang Town, which is located in the west of Cambodia. She is married to Mr. Sok Vanny who is motorcycle taxi driver. They have one child. Her older sister and aunt also live with family.

To bring more income, S. needs a loan to purchase a cart to transport her ice-cream to sell by transporting it to the customer's home.

The other three are:
Mrs. S., 46, is a seller of cooked rice and needs a loan to use for her business.
Mrs. Yen K., 45, is housewife and needs a loan to use for her husband's business.
Mrs. Van Y., 57, is vegetable seller and needs a loan to use for her husband's business.
These people live in Orchar Village, Battambang Province.

Additional Information

About HKL

Hattha Kaksekar Limited is one of the largest and most successful microfinance institutions (MFIs) in Cambodia. The organization provides microfinance services to the poor, particularly women, in urban and rural areas. Kiva lenders’ funds will be used to expand the outreach of HKL’s financial services to a greater number of clients in rural areas of Cambodia.

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
  • 115
    View loans »
    Cambodia Loans Fundraising
  • $35,862,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Chun's Group's $900 loan helped a member to purchase a cart to transport her ice-cream.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2008
Listed
Dec 15, 2008
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2009