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Hon's Group
In this Group: Hon, Chanthoun, Thean, Sam Earm, Sokhom, Savoeurn, Soeurn, Yorn, Somaly, Lim, Von, Phorn, Phat, Thary, Morn, Tha, Savon, Thary, Pisei, Piseth, Sokhoeun
This group loan, which consists of 21 members, is located in Sdao Kanleng village in Kandal province. Mrs. Hon S., 50 years old, is the village bank president who has been selected by all the members. They will use the loan for different purposes. Mrs. Hon S. is a farmer who rents some land to cultivate vegetables. She decided to ask for a loan to purchase fertilizer and pesticide to support her farming crops. Her husband, Mr. Chhin Roth, is a laborer who receives a small salaR. to support his family. Mrs. Hon S. is a mother of six children. Two of her children are construction workers, three are seamstresses in the garment factoR., and one is a student in 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
  • 110
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • 4,219.1
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Hon's Group's $2,950 loan helped a member to purchase fertilizer and pesticide.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2010
Listed
Apr 23, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2011