Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.



Status update - July 18, 2024


Chamroeun is currently experiencing some operational challenges that have impacted their ability to meet payment obligations since June 2024. Kiva is actively working with Chamroeun to address these issues and is in the process of negotiating a repayment plan over the coming months. We will distribute these funds to lenders as they are received.


Chamroeun has been a valued partner of Kiva for over eight years and has successfully repaid over $5 million in Kiva loans during this time.




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 Lending Partner All Kiva Partners
  Start Date On Kiva Nov 23, 2016 Oct 12, 2005
Total Loans $7,872,050 $2,046,857,240
Amount of raised Inactive loans $0 $329,125
Number of raised Inactive loans 0 224
Amount of Paying Back Loans $1,912,465 $154,628,025
Number of Paying Back Loans 2,359 186,271
Amount of Ended Loans $5,959,585 $1,851,013,910
Number of Ended Loans 7,990 2,491,542
Delinquency Rate 47.81% 12.11%
Amount in Arrears $522,763 $11,277,316
Outstanding Portfolio $1,093,365 $93,149,537
Number of Loans Delinquent 2,339 54,545
Default Rate 0.26% 1.82%
Amount of Ended Loans Defaulted $15,392 $33,742,451
Number of Ended Loans Defaulted 38 88,997
Currency Exchange Loss Rate 0.07% 0.47%
Amount of Currency Exchange Loss $11,610 $12,725,634
Refund Rate 0.01% 0.53%
Amount of Refunded Loans $625 $10,938,345
Number of Refunded Loans 1 9,670

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 86.00% 78.48%
Average Loan Size $761 $393
Average Individual Loan Size $761 $586
Average Group Loan Size $0 $1,910
Average number of borrowers per group 0 8.3
Average GDP per capita (PPP) in local country $2,600 $5,593
Average Loan Size / GDP per capita (PPP) 29.26% 7.02%
Average Time to Fund a Loan 18.14 days 9.12 days
Average Dollars Raised Per Day Per Loan $41.94 $43.09
  Average Loan Term 17.05 months 11.5 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 2,498 1,221,186
  Journaling Rate 27.01% 41.91%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.55

Borrowing Cost Comparison (based on 2017 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 41% PY 30.00% PY 26.44% PY
  Profitability (return on assets) -3.56% 4.6% -1.28%
  Average Loan Size (% of per capita income) N/A 184.00% 0.00%

Country Fast Facts

Lending Partner Staff

Phearun ATH
Mom HENG
Sophas KHOY
Yannick MILEV
Chansokunthea PHON
Sophal Seng