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Mrs. Heng Chuong Village Bank Group
In this Group: Heng, Thuok, Ngaor, Chhan, Cheun, Kuoy, Sitha, Siphai, Mon, Phorn, Srey, Thy, Srou, Seang Hai, Srou, Thea, Loem Srea, Chrien, Chrai, Samon, Sokeng
This village bank loan group, which consists of 21 people, is located I. Trapeang Angk village I. Takeo province. All the members will use their loans I. different ways. Mrs. Heng C., the village bank president, will use part of her loan to buy fertilizers for her rice field, and will use the rest to buy fuel for her irrigation machine which waters the rice field. Her husband, Mr. S. Sam, helps her with the farming. Mrs. Heng C. is a 46-year-old mother with three children, one of whom is working I. a garment factory, while the others are attending the local school.

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
  • 276
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,150.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Heng Chuong Village Bank Group's $4,025 loan helped a member to buy fertilizer and fuel.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2010
Listed
Feb 23, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011