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Chak's Group
In this Group: Chak, Phan, Keo, Man, Nget, Vet, Tem, Vet, Yem, Sok, Keo, Khen, Keo, Om, Khen, Kong, Khan, Kat, May, Pronh, Khat, Noeun, Net, Tem
This village bank loan consists of twenty-four members who hope that they can use their portions to improve their families' standard of living. Mrs. Chak, born in 1964, was selected to be the village bank president by the other members.

Mrs. Chak is a farmer who owns a 1.20-hectare plot of land which she uses to grow rice for a living. She would like to ask for a loan to buy a water machine to support her crop growing. Her husband is a vice village chief who is able to earn a small salary to support their family, and he also helps his wife with farming. The couple has four children: one works for a mobile company and the other three are students who also assist with farming.

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
  • 114
    View loans »
    Cambodia Loans Fundraising
  • $41,424,450
    Funds lent in using Kiva
  • 4,025.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chak's Group's $4,300 loan helped a member to buy a water machine to support her crop growing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 25, 2011
Apr 1, 2011
Currency Exchange Loss:
Mar 30, 2012