Mr. Pen Samuth's Village Bank Group

Thank you for your loan. It has been disbursed to the Mr. Pen Samuth's Village Bank group, consisting of Pen Samuth, Duong Chern, Thong Savoeurn, Keo Pheang, Kheav Sambath, Koem Lorn, Say Soknat, Pheap Sophea, Keo Ban, Horn Sophea, Ty Phaktheany, Tep Samet, Sam Ny, Ek Vanna, Sorn Sophea, Theng Sokun, Chea Saren, Ouk La, Theng Sokhim by AMK in Cambodia. We are excited to watch this business grow. Over the next 12 months, AMK will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Pen Samuth (leader of the Pen Samuth Village Bank) has paid back his portion of the group loan early!

We had a chance to visit Mr. Pen Samuth in the Chamka Tamao Village of Cambodia’s Kompong Chhnang Province. When we met with him, his family was just finishing their traditional Khmer breakfast.

Mr. Pen Samuth is a hard worker; he is a taxi driver, local wedding photographer, grocery store owner, and recently became a pig breeder. He used his loan from AMK to buy pigs to breed. He told us that he successfully sold his pigs for around $500 USD and experienced an increase in household income. As a result, he has been able to start a savings for his family. He hopes to take out another loan with AMK so that he can buy more groceries to sell. Many of the others in the Chamka Tamao village, like Pen Samuth, run various businesses to generate multiple streams of income.

His wife stays at home as a homemaker and takes care of the children. Together they have three children, one who attends school and two who are too young to work or study.

Pen Samuth and his family thank the Kiva lenders for funding their loan through AMK! Let’s congratulate them on all their hard work! Watch the video to catch part of our interview with him.

Be sure to read more about Kiva's excellent partner MFI in Cambodia, AMK (http://www.kiva.org/about/aboutPartner?id=109).

And, make another loan to one of AMK's currently fundraising clients! (http://www.kiva.org/app.php?page=businesses&partner_id=109&status=fundRaising&sortBy=New+to+Old)