Chamroeun Microfinance Plc
Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.
Partner description:
Chamroeun (meaning “progress” in Khmer) is a microfinance institution with a focus on serving the very poor in Cambodia by providing adapted loans, savings and insurance services. They operate in 16 provinces across Cambodia.
Chamroeun demonstrates a strong commitment to social performance and impact, and their current shareholders are all socially motivated organizations.
A unique lending approach:
Chamroeun provides individual and group loans for working capital or investment. The majority of loans are for small businesses to allow them to startup or scale.
If a borrower has successfully repaid a number of individual or group loans, they can graduate to an entrepreneur loan that provides more capital for a longer repayment period.
Along with financial services, they provide a comprehensive range of non-financial services to their clients including business training, financial literacy, and social and environmental welfare. They also provide microinsurance through a partner and have developed the capability to receive electronic payments, which is an added convenience for clients.
Repayment Performance on Kiva
This Field Partner | All Kiva Partners | ||
Start Date On Kiva | Nov 23, 2016 | Oct 12, 2005 | |
---|---|---|---|
Total Loans | $4,023,225 | $1,493,547,200 | |
Amount of raised Inactive loans | $0 | $381,975 | |
Number of raised Inactive loans | 0 | 234 | |
Amount of Paying Back Loans | $1,510,700 | $152,683,375 | |
Number of Paying Back Loans | 1,817 | 185,455 | |
Amount of Ended Loans | $2,512,525 | $1,340,481,850 | |
Number of Ended Loans | 3,755 | 1,758,684 | |
Delinquency Rate | 1.12% | 21.01% | |
Amount in Arrears | $11,453 | $20,265,845 | |
Outstanding Portfolio | $938,706 | $96,436,598 | |
Number of Loans Delinquent | 57 | 70,450 | |
Default Rate | 0.07% | 1.73% | |
Amount of Ended Loans Defaulted | $1,795 | $23,256,282 | |
Number of Ended Loans Defaulted | 5 | 57,823 | |
Currency Exchange Loss Rate | 0.05% | 0.40% | |
Amount of Currency Exchange Loss | $4,380 | $6,269,191 | |
Refund Rate | 0.02% | 0.62% | |
Amount of Refunded Loans | $625 | $9,328,875 | |
Number of Refunded Loans | 1 | 8,660 |
Loan Characteristics On Kiva
This Field Partner | All Kiva Partners | ||
Loans to Women Borrowers | 87.85% | 76.91% | |
---|---|---|---|
Average Loan Size | $722 | $393 | |
Average Individual Loan Size | $722 | $606 | |
Average Group Loan Size | $0 | $1,777 | |
Average number of borrowers per group | 0 | 7.9 | |
Average GDP per capita (PPP) in local country | $2,600 | $5,713 | |
Average Loan Size / GDP per capita (PPP) | 27.77% | 6.88% | |
Average Time to Fund a Loan | 13.82 days | 7.79 days | |
Average Dollars Raised Per Day Per Loan | $52.26 | $50.48 | |
Average Loan Term | 15.47 months | 11.36 months |
Journaling Performance on Kiva
This Field Partner | All Kiva Partners | ||
Total Journals | 2,398 | 931,263 | |
---|---|---|---|
Journaling Rate | 67.92% | 43.19% | |
Average Number of Comments Per Journal | 0.00 | 0.03 | |
Average Number of Recommendations Per Journal | 0.00 | 0.69 |
Borrowing Cost Comparison (based on 2017 data)
This Field Partner | Median for MFI's in Country | All Kiva Partners | ||
Average Cost to Borrower | 41% PY | 30.00% PY | 26.46% PY | |
---|---|---|---|---|
Profitability (return on assets) | 5.5% | 4.6% | -0.69% | |
Average Loan Size (% of per capita income) | N/A | 184.00% | 12.07% |
Country Fast Facts
- Country:
- Cambodia
- Capital:
- Phnom Penh
- Official Language:
- Khmer
- Population:
- 15,458,332
- Avg Annual Income:
- $2,600
- Labor Force:
- agriculture: 55.8%, industry: 16.9%, services: 27.3%
- Population Below Poverty Line:
- 20.00%
- Literacy Rate:
- 73.90%
- Infant Mortality Rate (per 1000):
- 51.36 deaths
- Life Expectancy:
- 63.78 years
Field Partner Staff
Phearun ATHSothida MENG
Yannick MILEV
Sophal Seng