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Mrs. Da Hoeng Village Bank Group
In this Group: Da, Sokhen, Houy, Srey, Saman, Phall, Srei, Tho, Sokheang, Phall, Ngaeth, Phuong, Sareth, Cheng, Chanda, Sinuon, Nath, Sokhom
Mrs. Da H. is a farmer who owns a plot of land to cultivate rice to support her family. Her husband, Mr. Roung Ngorn, is a construction laborer. In the rice field, they have some problems because it has infertile soil and is far from an irrigation system. Thus, Mrs. Da H. decided to ask for a loan to buy fertilizer. With the rest of the loan, she needs to buy fuel to support the rice field.

Mrs. Da H. is the mother of seven children: two are construction laborers, two others help their parents with the farm, and the others are attending the local public school.

This village bank has 18 people who all live in Prey Totueng village in Kandal province. Mrs. Da H. is the village bank president who has been selected by all the members. They will use their loans for different purposes. All of the members are present in the photo (some of them are blocked).

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
  • 207
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 4,165.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Da Hoeng Village Bank Group's $2,675 loan helped a member to buy fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 5, 2010
Listed
Feb 19, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011