Chamroeun Microfinance Plc
Kiva conducts regular, ongoing monitoring of all Lending 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 Lending Partner | All Kiva Partners | ||
Start Date On Kiva | Nov 23, 2016 | Oct 12, 2005 | |
---|---|---|---|
Total Loans | $7,872,050 | $1,959,851,975 | |
Amount of raised Inactive loans | $0 | $372,750 | |
Number of raised Inactive loans | 0 | 341 | |
Amount of Paying Back Loans | $2,073,770 | $157,781,285 | |
Number of Paying Back Loans | 2,562 | 181,865 | |
Amount of Ended Loans | $5,798,280 | $1,771,710,075 | |
Number of Ended Loans | 7,787 | 2,378,176 | |
Delinquency Rate | 5.37% | 11.74% | |
Amount in Arrears | $71,274 | $11,302,177 | |
Outstanding Portfolio | $1,240,928 | $96,293,849 | |
Number of Loans Delinquent | 397 | 50,859 | |
Default Rate | 0.26% | 1.83% | |
Amount of Ended Loans Defaulted | $14,975 | $32,353,831 | |
Number of Ended Loans Defaulted | 37 | 84,926 | |
Currency Exchange Loss Rate | 0.07% | 0.49% | |
Amount of Currency Exchange Loss | $11,588 | $12,017,791 | |
Refund Rate | 0.01% | 0.54% | |
Amount of Refunded Loans | $625 | $10,526,300 | |
Number of Refunded Loans | 1 | 9,596 |
Loan Characteristics On Kiva
This Lending Partner | All Kiva Partners | ||
Loans to Women Borrowers | 86.00% | 78.24% | |
---|---|---|---|
Average Loan Size | $761 | $392 | |
Average Individual Loan Size | $761 | $589 | |
Average Group Loan Size | $0 | $1,892 | |
Average number of borrowers per group | 0 | 8.3 | |
Average GDP per capita (PPP) in local country | $2,600 | $5,599 | |
Average Loan Size / GDP per capita (PPP) | 29.26% | 7.00% | |
Average Time to Fund a Loan | 18.14 days | 8.93 days | |
Average Dollars Raised Per Day Per Loan | $41.94 | $43.85 | |
Average Loan Term | 17.05 months | 11.47 months |
Journaling Performance on Kiva
This Lending Partner | All Kiva Partners | ||
Total Journals | 2,473 | 1,178,858 | |
---|---|---|---|
Journaling Rate | 30.94% | 42.23% | |
Average Number of Comments Per Journal | 0.00 | 0.02 | |
Average Number of Recommendations Per Journal | 0.00 | 0.57 |
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 | 27.02% PY | |
---|---|---|---|---|
Profitability (return on assets) | -0.49% | 4.6% | -3.10% | |
Average Loan Size (% of per capita income) | N/A | 184.00% | 0.00% |
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
Lending Partner Staff
Phearun ATHMom HENG
Sophas KHOY
Yannick MILEV
Chansokunthea PHON
Sophal Seng