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Mrs. Chantha Kea Village Bank Group
In this Group: Chantha, Yet, Thuch, Puthea, Srei Moth, Sack, Sokha Chan, Khlorng, Chhorvin, Sok Chea, Aun, Chenda, Roeun, Reaksmei
Fourteen people living in Mkak village in Takeo province comprise this village bank loan and they will use the loan for various purpose. Mrs. Chantha K. is a 41 year old village bank president. She is a farmer wH. owns a 1 hectare field of land to cultivate rice. Her husband, Mr. Thang Choeun, is a construction worker. Although they tR. to work hard they still earn less income than needed to support their family. They also do not have enough to build a lavatoR. to provide their family a clean life. In order to deal this problem, Mrs. Chantha K. decided to ask for a loan for this purpose. She has four children, one of whom is employed in a garment factoR. while the others are attending 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
  • 113
    View loans »
    Cambodia Loans Fundraising
  • $35,436,925
    Funds lent in using Kiva
  • 4,095.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Chantha Kea Village Bank Group's $1,325 loan helped a member to build a lavatory to provide their family a clean life.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2009
Listed
May 1, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010