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Mr. Ly Chheun Village Bank Loan Group
In this Group: Ly, Rann, Tha, Thida, Soeun, Tak, Nhoeng, Sinach, Torn, Noa, Horn, Vanna, Khorn, Sophoun, Chantha, Sawin, Saly
Mr. Ly C. fishes in the lake in his village. He is 52 years old and the father of eight children: two of them are employed in a garment factory, two others are electricians, two are enrolled in the local school, and the others are too young to work or study. His wife, Mrs. Bou Sear, is a farmer who owns a 1 hectare field of land to cultivate rice.

Mr. Ly C. needs a fishery boat and has decided to request a loan to deal this problem. He is the village bank president who has been selected by the members. This village bank consists of 17 people who live in Lvea Sar Kandal village in Kandal province.

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
  • 52
    View loans »
    Cambodia Loans Fundraising
  • $41,847,450
    Funds lent in using Kiva
  • 4,127.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Ly Chheun Village Bank Loan Group's $3,125 loan helped a member to buy a fishery boat.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Aug 12, 2009
Sep 7, 2009
Currency Exchange Loss:
Aug 15, 2010