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Mrs. Sahun Chhor Village Bank Group
In this Group: Sahun, Sok Ly, Heun, Chan Sim, Yan, Voeun, Chan Na*, Kin, Ret
* not pictured
This loan goes to nine people in Phum Ty village, in Kampong Chhnang province, who formed a village bank loan group. They will each use the loan for different purposes. Mrs. Sahun C. is the village bank president, selected by the members. She and her husband, Mr. C. Sahun, are construction workers. Since their work place is far from home, they spend a lot of money on transportation. In order to reduce these expenses, Mrs. Sahun C. decided to ask for a loan to buy a bike to go to work. She will use the rest of the loan to buy chickens for breeding. Mrs. Sahun C. is 28 years old and the mother of two children, one of whom attends the local school while the younger one, at age five, is too young to work or study.

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
  • 4,020.2
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Sahun Chhor Village Bank Group's $1,050 loan helped a member to buy a bike to get to work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2008
Listed
Jan 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010