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Mr. Choeun Kev Village Bank Group
In this Group: Choeun, Keumry, Sann, Saruos, Sophy, Neak, Kunthea, Ny, Sith, Kim Seng, Kim Heurn, Kim Thea, Dyna, Sok, Sareurn, Sal, Kanha, Nen, Heang, Sokhom, Huy, Channa, Yoeurn, Rom
This village bank, which consists of twenty-four members, is located in Phum Dabprambei village in Kampong Cham province. Each bank member plans to use their share of the loan for different purposes.

Mr. Choeun K., the village bank president, was selected by the members. He is a laborer who earns a small income that supports his family. His wife, Mrs. Mao Yath, is a pig breeder. Since her breeding business is going well, she wants to expand it.

Thus, Mr. Choeun K. has decided to ask for a loan to buy more piglets for his wife's breeding business. He hopes to increase his income and improve his living conditions by selling the pigs that they buy with the loan. He is 41 years old and the father of three children who are enrolled in the local school.

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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 4,081.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Choeun Kev Village Bank Group's $3,550 loan helped a member to buy more piglets for his wife's pig-breeding business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2008
Listed
Jan 1, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009